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2025-12-16 19:02:59
[US Non-Farm Payrolls Expected to Increase by 50,000 in November] ⑴ US non-farm payrolls are expected to increase by 50,000 in November. The unemployment rate is expected to remain at a high of 4.4% for 2021, while average hourly earnings are expected to increase by 0.3%. ⑵ This delayed November jobs report is likely to confirm a continued cooling of the labor market, with job growth concentrated in healthcare and social assistance, as well as leisure and hospitality. ⑶ Meanwhile, due to the government shutdown and the inability to collect sufficient data retrospectively, the Bureau of Labor Statistics has canceled the release of the October employment situation report. ⑷ Therefore, when released along with the November data, only partial data on the October labor market will be published, and the unemployment rate will not be reported.
