U.S. private employers scaled back their hiring in November, adding the fewest workers in six months as soaring new COVID-19 infections led to a wave of business restrictions, although other signs point to what White House economic adviser Larry Kudlow said is a “pretty strong economy.”
In its closely watched jobs report, the Labor Department said Dec. 4 that nonfarm payrolls rose by 245,000 last month, after adding 610,000 jobs in October. Economists polled by Reuters had forecast that payrolls would increase by 469,000 jobs in November.
