November Report Shows 245,000 Jobs Added

Posted: Dec 04, 2020 9:30 AM
November Report Shows 245,000 Jobs Added

Source: AP Photo/Evan Vucci

The Department of Labor's monthly report showed that the economy added 245,000 jobs in November, when projections hoped that 440,000 jobs would be added. The unemployment rate decreased to 6.7 percent as COVID cases begin to spike again. 

As the coronavirus continues to affect the economy, Senate Republicans shined a light on the need for additional stimulus relief, which Democrats continue to block. Additional funding for the Coronavirus, Aid, Relief, and Economic Security (CARES) Act and Paycheck Protection Program (PPP), which were passed by Senate Republicans in the spring, would deliver even more relief to American families and small businesses. 

With Speaker Pelosi and Senate Minority Leader Chuck Schumer continually stalling COVID relief negotiations, the passage of additional funding before the end of the year is unlikely.

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