“Federal Reserve microphone” Nick Timiraos: The average monthly increase in private sector employment was 44,000 over the past six months, the same as in October. This is the first time in the post-pandemic economic restart cycle that the six-month employment growth rate has fallen to its slowest level. In November, the average increase in three-month employment rose to 75,000, a new high since May.

“Federal Reserve microphone” Nick Timiraos: The average monthly increase in private sector employment was 44,000 over the past six months, the same as in October. This is the first time in the post-pandemic economic restart cycle that the six-month employment growth rate has fallen to its slowest level. In November, the average increase in three-month employment rose to 75,000, a new high since May.