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November jobs report misses forecasts as US adds just 210,000 new jobs amid supply-chain nightmare

December 3, 2021


The hiring recovery stumbled in November as the supply-chain crisis charged forward and virus cases swung higher.

The US economy added 210,000 nonfarm payrolls last month, the Bureau of Labor Statistics said Friday morning. That came in far below the median forecast of 550,000 jobs from economists surveyed by Bloomberg.

The report shows hiring slowing dramatically from October’s revised gain of 546,000. November was expected to extend the fall’s healthy job growth after the Delta wave hammered hiring through the summer.

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