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Live Updates  >  Live Update Details

2025-12-16 21:42:23

[US Nonfarm Payrolls Exceed Expectations in November] US job growth rebounded in November after October's nonfarm payrolls declined due to government spending cuts. The unemployment rate remained at 4.6%, as economic uncertainty stemmed from President Trump's aggressive trade policies and a weakening labor market. The November jobs report and some updates to the October report, released Tuesday by the Bureau of Labor Statistics, did not include the unemployment rate or other October data because the government shutdown for 43 days prevented the collection of household data. The Bureau of Labor Statistics said nonfarm payrolls increased by 64,000 last month. The US economy lost 105,000 jobs in October, reflecting the departure of more than 150,000 federal employees who accepted deferred buyouts as part of the Trump administration's efforts to reduce government influence. Most of them disappeared from the government's payroll at the end of September.

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