Labor market lost 41,000 jobs over Oct., Nov.
Digest more
US, labor market and Government Releases
Digest more
The jobless rate picked up again in November, hovering at its highest level in 4 years, official data showed in a report underscoring a labor market cooldown. | TAG24
Economists are expecting to learn on Tuesday that the US labor market slowed last month, adding just 40,000 jobs.
And 2026 may not be much better. As of September, the most recent month for which we have official data, the unemployment rate stood at 4.4%, low by historical standards but the highest since October 2021.
The unemployment rate jumped to 4.6%, its highest level since September 2021 – up from 4.4% in September, according to government data.
Mixed labor signals emerge as manufacturing sheds jobs while unemployment claims drop to three-year lows in conflicting market trends.
The delayed jobs report failed to deliver the clarity investors were looking for. Instead, it widened the divide among economists debating whether the labor market is simply cooling or quietly starting to crack.
What is the biggest crypto news today? US Nonfarm Payrolls reveal a cooling labor market, boosting Fed easing potential.
US stocks traded mixed on Tuesday following the release of key economic indicators. The S&P 500 and Dow Jones Industrial Average declined by 0.5%, while the
U.S. labor costs increased slightly less than expected in the third quarter as a softening labor market curbed wage growth, which bodes well for the inflation outlook.
Feedback