NEW YORK: A new report has said that al least 250,000 people lost their jobs in November this year. The study analyzed the private sector.
This includes 118,000 positions in manufacturing and 44,000 construction jobs.
The report was expected to show a decline of 200,000 jobs in November, according to a consensus of economist projections compiled by Briefing.com.
According to the report, the goods-producing sector lost 158,000 jobs last month, its 24th consecutive month of decline,.
The service industry shed 92,000 jobs, its second month of losses since the ADP reports began tracking employment in 2002.
