Biggest gains in US employment - November 2011

Unemployment in the US  dropped sharply to 8.6 percent in November, its lowest level in two-and-a-half years, from nine percent the month before, official figures show.

The Department of Labor said the US economy added 120,000 new jobs in November. The number of jobs created in September and October was revised up by 72,000.

The private sector added 140,000 jobs during the month, while government employment continued to fall.
The retail sector saw the biggest gains, with 50,000 jobs added, while the leisure and hospitality, business services and healthcare sectors also saw strong gains.


At ExportAction we interpret these statistics as being good news for our clients selling into the growth sectors.