U.S. November employment data released, non-farm payrolls increased by 64,000, exceeding market expectations of 50,000. However, the unemployment rate rose to 4.6%, higher than the expected 4.4%. It seems that job growth is solid, but the unemployment rate has increased, and this divergence has attracted attention in the financial markets. For macro-focused traders, this means added uncertainty regarding the Federal Reserve's policy outlook and also impacts expectations for the entire risk asset class.
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ShortingEnthusiast
· 12-16 23:53
This data is a bit outrageous. The non-farm payrolls exceeded expectations, but the unemployment rate still rose. The Federal Reserve must be scratching their head.
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FUD_Whisperer
· 12-16 15:06
Data conflicts, although non-farm payrolls look good, the unemployment rate jumps so much that the Federal Reserve will definitely be conflicted again. The days of risk assets riding a roller coaster are still ahead.
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CrossChainBreather
· 12-16 14:38
This data is misleading again. The non-farm payroll looks good, but the unemployment rate is exploding. The Federal Reserve must be a bit confused.
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CryptoHistoryClass
· 12-16 14:38
yo not this divergence again... *pulls up 2015 and 2019 charts* this is literally the exact pattern before everything goes sideways lmao
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DustCollector
· 12-16 14:34
The data is mixed; non-farm payrolls are good, but the unemployment rate has broken 4.6. What will the Federal Reserve do this time...
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GateUser-c802f0e8
· 12-16 14:24
Wow, the unemployment rate actually went up? This data is a bit contradictory. Non-farm payrolls are good, but the unemployment rate is bad. The Federal Reserve must be having a headache.
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NFTHoarder
· 12-16 14:22
The rise in unemployment rate is a bit strange, did non-farm payrolls data contradict expectations? The Federal Reserve now has an even harder choice, to cut interest rates or not...
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MetaverseLandlord
· 12-16 14:22
What's going on? The unemployment rate is actually soaring? What's with these numbers?
Wait, the unemployment rate is 4.6—are they signaling more easing?
Non-farm payrolls are decent, but this unemployment rate... The Federal Reserve will have to reconsider now.
Here we go again with the conflicting data theory, the market will have to go through another round of turbulence.
Adding 64,000 jobs sounds like a lot, but the rising unemployment rate makes it awkward.
This kind of divergence really makes it hard to predict what the Fed will do next.
U.S. November employment data released, non-farm payrolls increased by 64,000, exceeding market expectations of 50,000. However, the unemployment rate rose to 4.6%, higher than the expected 4.4%. It seems that job growth is solid, but the unemployment rate has increased, and this divergence has attracted attention in the financial markets. For macro-focused traders, this means added uncertainty regarding the Federal Reserve's policy outlook and also impacts expectations for the entire risk asset class.