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Added on : 2022-12-03 11:43:41

US continued to see a growth in the number of jobs in November despite the most aggressive interest rate hikes in decades.bNonfarm payrolls climbed 263,000 last month, with an unemployment rate of 3.7 per cent, according to data from the Labour Department published on Friday. November's rise was a small decline from October's revised 284,000 jobs, reports Xinhua news agency. The increase in jobs is unlikely to curb the Federal Reserve's aggressive rate hikes, which are intended to slow the hot economy and tamp down the worst inflation in 40 years.

Editor & Publisher : Dr Dhimant Purohit


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