#NonfarmDataBeats The November nonfarm payrolls data delivered a mixed but important signal. While job creation beat expectations at 64K, the rise in unemployment to 4.6% and the sharp 105K downward revision to October cannot be ignored. These revisions suggest the labor market is still growing, but at a slower and more fragile pace than headlines imply.
Rather than pointing to economic weakness, this data supports the idea of a gradual normalization. Hiring is cooling, wage pressures are easing, and excess tightness is fading ā exactly the conditions the Federal Reserve has been aiming for. T
Rather than pointing to economic weakness, this data supports the idea of a gradual normalization. Hiring is cooling, wage pressures are easing, and excess tightness is fading ā exactly the conditions the Federal Reserve has been aiming for. T


















