The U.S. economy added 245,000 jobs in November, while the unemployment rate fell to 6.7% from 6.9%, the government said on Friday.
Why it matters: The labor market continues to recover even as coronavirus cases surge— though it's still millions of jobs short of the pre-pandemic level. The problem is that the rate of recovery is slowing significantly.
This story is breaking news. Please check back for updates.
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The mass adoption of wireless headphones and smart devices, combined with people being home all day and not in public spaces, has created a boom for audio — and every big media and tech company is scrambling to claim a piece of it.
Why it matters: The audio boom is milestone for accessibility and a boon to content creators, but it also presents new challenges for content moderation.
Over the past several weeks, the coronavirus has killed Americans at six times the average rate in other rich countries. And we’re recording about 8 times more infections.
Why it matters: The virus burned through the rich world like wildfire in the spring, but this new data confirms that the U.S. is one of very few wealthy countries that has failed to suppress it since then.
