Unemployment rate rises to 4.6 percent as job cuts hit federal workers and manufacturing sector.
The US economy gains jobs in healthcare and construction as other sectors stagnate, shrink.
By Andy Hirschfeld
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The United States economy lost 41,000 jobs in October and November, and the unemployment rate has ticked up to its highest level since 2021 as the labour market cools amid ongoing economic uncertainty driven by tariffs and immigration policies.
Hiring has clearly lost momentum, hobbled by uncertainty over President Donald Trump’s tariffs, among other things.
The healthcare sector was hit the hardest , while tariff-exposed sectors remained stagnant .
The unemployment rate rose to 4.4 percent as the labour market cools.
Data shows the headline unemployment rate continued to climb and hit 4.6%, a four-year high, last month
The job market had been expected to rebound this year from a lackluster 2025.
November saw highest unemployment since 2021, largely attributed to federal worker reductions under Trump.
US unemployment rose in November to a four-year high
