Minimal Claw-Back Ratio Upticks in November U.S. & Canada Jobs Reports

In U.S., a Quarter Million More Jobs Doesn’t Cut It

According to the Bureau of Labor Statistics (BLS), the U.S. total jobs increase in November was +245,000. That would have been a decent enough number to report ‘back in the day’ when a coronavirus-like attack was unimaginable. But having gone through an unprecedented decline in employment in the spring of this year, +245,000 is but a drop in the bucket compared to what’s needed to fully restore good health to the U.S. jobs market.

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