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The Delayed November Jobs Report Is Out. Here's What It Means for the Fed and Rate Cuts
The November jobs report, delayed from its initial December 5 release date due to the record-long government shutdown, came in higher than expected but showed the labor market continuing to exhibit signs of weakness. According to the Bureau of Labor Statistics (BLS), nonfarm payrolls rose by 64,000 in November, beating economists' estimate for 45,000 new jobs. The report also showed 105,000 job losses for October, while figures for August were revised down by 22,000, from -4,000 to -26,000, and September's additions were revised lower by 11,000, from +119,000 to +108,000. These revisions result in 33,000 fewer jobs ... (full story)
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Total nonfarm payroll employment changed little in November (+64,000) and has shown little net change since April, the U.S. Bureau of Labor Statistics reported today. In November, the unemployment rate, at 4.6 percent, was little changed from September. Employment rose in health care and construction in November, while federal government continued to lose ...
The US labor market grew by more than expected last month, recovering some of the damage inflicted by the federal government shutdown, according to official data. An estimated 105,000 jobs were lost in October, and 64,000 were added in November, a highly-anticipated report showed on Tuesday. Jobs growth was higher in November than anticipated by many ...
From wellsfargo.bluematrix.com | Dec 16, 2025
Today's unusual double employment report showed that the U.S. labor market remains in a precarious position. October nonfarm payrolls declined by 105K. The end of the federal government's deferred resignation program played a major role, but even excluding the federal sector, employment growth was a modest 57K. November nonfarm payrolls grew at a similar ...
