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'There Was Never A Recession': Economists React To The November Jobs Report On Twitter

Nonfarm payroll employment grew more than expected in November, adding 263,000 jobs, the U.S. Bureau of Labor Statistics reported Friday. 

The unemployment rate remains at 3.7%, and it has remained between 3.5% and 3.7% since the end of the first quarter. 


Notable job gains were found in the leisure and hospitality sector, which added 88,000 jobs in November including 62,000 jobs at food services and drinking places.

Construction employment also grew in November, adding 20,000 jobs. The construction industry is now adding an average of 19,000 jobs per month in 2022, up from 16,000 jobs a month in 2021. 

But the retail trade and transportation and warehousing sectors experienced a decline in employment numbers in November. 

Employment in retail trade fell by 30,000 jobs in November and has fallen by 62,000 jobs since August. The transportation and warehousing sector suffered 15,000 job losses in November and has now lost 38,000 jobs since July.

Here's how economists and others reacted to the November jobs report on Twitter: