The Employment Situation: November 1995 — 1995-12-08

Nonfarm payroll employment rose in November and the unemployment rate was essentially unchanged at 5.6 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The number of payroll jobs increased by 166,000, but manufacturing employment continued to decline. The number of unemployed persons and the unemployment rate in November were 7.4 million and 5.6 percent, respectively. Both measures have remained in a very narrow range for much of the year. The unemployment rate for adult men rose four-tenths of a percentage point to 4.9 percent in November; this followed a decline of the same magnitude in the previous month. The rates for adult women (4.8 percent), teenagers (17.9 percent), whites (5.0 percent), blacks (9.4 percent), and Hispanics (9.4 percent) showed little or no change. (See tables A-1 and A-2.) Total employment, at 125.0 million in November, fell by 389,000 over the month.