According to Tuesday's data release, the U.S. labor market added 64,000 jobs in November following the federal shutdown backlog clearance. Meanwhile, the unemployment rate ticked up to 4.6%, signaling a slight cooling in employment conditions. These figures are closely watched by market participants as they influence Federal Reserve policy expectations and broader financial market sentiment.
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ShitcoinConnoisseur
· 12-16 16:46
64,000 just like that? What does that mean, brother?
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BugBountyHunter
· 12-16 16:37
64k jobs sounds like a lot, but the unemployment rate is still climbing... Can we really trust this data?
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not_your_keys
· 12-16 16:30
64k jobs sounds good, but the unemployment rate of 4.6% is a bit unsettling... the Fed will have to think again.
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Ser_Liquidated
· 12-16 16:20
Six weeks ago, they were bragging that non-farm payrolls were stable. Now, with this data hitting 64k, it's really pulling, and the unemployment rate is still climbing.
According to Tuesday's data release, the U.S. labor market added 64,000 jobs in November following the federal shutdown backlog clearance. Meanwhile, the unemployment rate ticked up to 4.6%, signaling a slight cooling in employment conditions. These figures are closely watched by market participants as they influence Federal Reserve policy expectations and broader financial market sentiment.