The unemployment rate edged up to 9.8 percent in November, and nonfarm payroll employment was little changed (+39,000), the U.S. Bureau of Labor Statistics reported today.
Temporary help services and health care continued to add jobs over the month, while employment fell in retail trade. There were 15.1 million people unemployed in November.
The employment rate for Hispanics also increased in November. The Hispanic unemployment rate is now 13.2% while the rate of unemployment amongst blacks stayed the same at 16%. The rate for teenage unemployment, at 24.6%, representing the largest unemployed sector in the country, declined slightly thanks in great part to seasonal hiring.