Nonfarm payroll employment grew 112,000 in November after increasing 303,000 in October. Employment gains for September and October were revised down a total of 54,000. Following a drop of 2.7 million from April 2001 to August 2003, employment has grown 2.3 million.
Suggested citation: "Labor Markets," Federal Reserve Bank of Cleveland, Economic Trends, no. 04-12, pp. 12, 12.01.2004.