Odaily reports that analyst Anstey's quick commentary on the US non-farm payroll report indicates that November's non-farm payroll data slightly exceeded expectations, recording 64,000 new jobs. The unemployment rate unexpectedly rose to 4.6% in November, which may attract the attention of the Federal Reserve. However, the labor force participation rate increased, so the rise in the unemployment rate may not be entirely bad news; we still need to examine the specific data more closely. US stock index futures rose, and the two-year US Treasury yield fell, as market expectations for further monetary easing by the Federal Reserve have increased based on the weak performance of non-farm payroll data in recent months. It should be noted that the data for August and September were also revised downwards by a combined 33,000. (Jinshi)
The unexpected rise in the US unemployment rate in November may have drawn the attention of the Federal Reserve, while the rebound in the labor force participation rate is expected to alleviate some concerns
KuCoinFlashShare






Source:KuCoin News
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.