National Jobs Report

Financial and Legal Services Jobs Report

Total Jobs Added

+245,000
  • Month Over Month: +0.2%
  • 3 Month Average: 522,000
  • Year Over Year: -6.1%

Unemployment Rate

6.7%
  • Month Over Month: -0.2%
  • 3 Month Average: 7.17%
  • Year Over Year: +3.2%

+245,000 jobs in November

National Unemployment Rate

This month of job gains missed predictions, adding 245,000 jobs this month.  November’s unemployment rate also improved slightly to 6.7% from the 6.9% reported in October. With the rise of COVID-19 cases, there have been renewed restrictions that are weighing on the rate of recovery in the labor market.

712,000 workers filed jobless claims last week, the Department of Labor said Thursday, as the coronavirus pandemic continues to take a toll on the labor market. “While a repeat of the spring crash is unlikely, it revealed how quickly economic damage can accumulate,” said Glassdoor senior economist Daniel Zhao. The labor force participation rate declined to 61.5 percent last month, down from 61.7 percent in October.

U.S. Sector Job Growth from the B.L.S.

Financial activities +15,000
  • Month over month: +0.2%
  • 3 Month Average: +8,710
  • Year over year: -0.8%
Professional & business services +60,000
  • Month over month: +0.3%
  • 3 Month Average: +20,372
  • Year over year: -4.6%

U.S. Industry Job Growth from the B.L.S.

Finance & insurance +7,300
  • Month over month: +0.1%
  • 3 Month Average: +6,495
  • Year over year: +0.7%
Real estate & rental & leasing +8,300
  • Month over month: +0.4%
  • 3 Month Average: +2,215
  • Year over year: -5.1%
Accounting & bookkeeping services -2,400
  • Month over month: -0.2%
  • 3 Month Average: +1,010
  • Year over year: -2.3%
Legal services +5,000
  • Month over month: +0.4%
  • 3 Month Average: +1,119
  • Year over year: -2.9%
Management of companies & enterprises -4,500
  • Month over month: -0.2%
  • 3 Month Average: +2,356
  • Year over year: -3.7%
Temporary help services +32,200
  • Month over month: +1.2%
  • 3 Month Average: +2,584
  • Year over year: -10.1%

U.S. Month-Over Month Job Growth by Sector

*The following chart displays the latest local job growth by sector compared to the previous month. Note that if a sector experienced losses or flat growth, it will not be displayed as part of the graphic.

BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.

The BLS defines a sector as a subset of the domestic economy and excludes the economic activities of the following: general government, private households, and nonprofit organizations serving individuals. A sector consists of multiple industries.

The BLS defines an industry as a group of establishments that produce similar products or provide similar services. Multiple industries makeup sectors.

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