The latest evidence came Friday when the Labor Department reported that employers added 245,000 jobs in November, the fifth month in a row that the pace of hiring has tapered off. The figure for October was revised downward to 610,000, from the initially stated 638,000.

The Employment Situation: October 2020 Highlights: Total Jobs added were 638,000 The Unemployment Rate declined to 6.9% (down 1%) The number of unemployed persons fell by 1.5 million to 11.1 million