The November jobs numbers have been revised downward, revealing a more accurate picture of employment gains. The initial headline stated 227,000 new jobs, but after factoring in the impact of workers returning to their jobs due to major hurricanes and a Boeing strike, economists estimate that the actual increase was around 150,000. This means that roughly 80,000 jobs were inflated by factors unrelated to genuine employment growth. The revised numbers are slower than pre-pandemic trends and fall short of the average monthly job gains from 2010-2019.
Source: https://www.marketwatch.com/livecoverage/november-2024-jobs-report-today/card/where-did-the-november-jobs-come-from-let-s-run-it-down–Am109mTk1kgNvB8UhC1U?mod=home-page