Payroll employment for the finance and insurance sector increased by 5,000 in November, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.
Seasonally adjusted figures showed the number grew from 6,179,000 in October to 6,184,000.
Total non-farm payroll employment rose by 132,000 in November, and the unemployment rate was essentially unchanged at 4.5 percent. Job gains were noted as continuing in service-providing industries, including professional and business services, food services, and health care.
Employment declined in construction and manufacturing.
Both the number of unemployed people (6.8 million) and the unemployment rate (4.5 percent) were virtually unchanged in November, the government said. Over the year, these measures have declined from 7.6 million and 5 percent, respectively.
In November, unemployment rates for all major worker group listings by sex and race showed little or no change over the month.
In November, total employment, at 145.6 million, was essentially unchanged, and the employment-population ratio remained at 63.3 percent.
The civilian labor force rose by 383,000 to 152.4 million, while the labor force participation rate, at 66.3 percent, was about the same as in October.
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