Herald staff
WASHINGTON — The nation’s unemployment rate, after being at a three-decade low for two months, edged up to 4 percent in November in what analysts viewed as evidence that the economy’s remarkable stretch of supercharged growth was coming to an end.
The Labor Department said Friday the jobless rate rose 0.1 percentage point from 3.9 percent, where it had been in both September and October, the lowest level reached during the record 9 1/2-year economic expansion.
In addition to the uptick in the jobless rate, the government reported that growth in payroll jobs slowed abruptly over the past two months, with just 94,000 jobs created in November, an increase that was held back by a big drop in government jobs.
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