Transcripts for KPIX CBS Evening News With Norah ODonnell 20

KPIX CBS Evening News With Norah ODonnell December 3, 2021 23:38:00

slowed last month. the november jobs report fell short of expectations with employers adding 210,000 jobs last month, but the unemployment rate ticked down to 4.2%, as more people joined the workforce. cbs' weijia jiang has reaction from the white house. >> reporter: on wall street, stocks slid in response to thelh offered mixed signals about the u.s. economy, a weaker-than-expected jobs number, but also a drop in unemployment, bringing it to the lowest point since the start of the pandemic in march 2020. president biden, who is nursing a cold, celebrated the progress. >> we're looking at the sharpest one-year decline in unemployment ever. simply put, america, america's back to work. and our jobs recovery is going very strong. >> reporter: but americans are still facing sky-high prices on everthing from groceries to

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