The unemployment rate was 6.7% in November, a slight decrease from 6.9% the previous month, according to the latest jobs report from the Bureau of Labor Statistics (BLS). The month-over-month decrease was the smallest since the jobless rate peaked at 14.7% in April, and reflects stalled job growth as the coronavirus pandemic continues.
During November, 245,000 jobs were added to payrolls — less than half of October’s employment gains. Compared to February, employment was down by 9.8 million jobs or 6.5%.