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US Labor Market Still Struggling to Maintain Traction
From wellsfargo.bluematrix.com
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 pace (+64K), but the unemployment rate rose to 4.6%, marking a new high since the end of the pandemic. Wage growth also slowed notably to just 3.5% year-over-year, the slowest pace since 2021. It is possible that there was some additional volatility in the November ... (full story)
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- Dec 16, 2025 7:18pm Posted byFundamental Analysis1,990
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