Posted 12/11/2023, 9:50:00 PM
Government and Health Sectors Drive November Job Gains Amid Broader Hiring Challenges
- Government, healthcare, and hospitality sectors drove job gains in November, accounting for over 50% of new jobs
- Manufacturing sector lost jobs when accounting for returning auto workers from strike
- Government employment nearing all-time highs under Biden
- Health care sector benefits from heavy government subsidies, helping drive job gains
- High inflation and interest rates straining private sector's ability to hire