Hiring Probably Failed to Cut Joblessness: U.S. Economy Preview

The pace of hiring in November probably failed to reduce unemployment in the U.S., showing employers remain concerned growth will slow, economists said before reports this week.

Payrolls climbed by 120,000 workers after rising 80,000 in October, according to the median forecast of 59 economists in a Bloomberg News survey before a Dec. 2 report from the Labor Department. The jobless rate probably held at 9 percent.