#GateSquareHotTopics #NonfarmDataBeats The latest U.S. Nonfarm Payroll (NFP) report for November has once again put economists, traders, and market enthusiasts in deep discussion. According to the report, 64,000 jobs were added, slightly surpassing expectations. However, at the same time, the unemployment rate rose to 4.6%, and October’s employment figures were revised down by 105,000, the largest single-month downward revision since the pandemic.
This juxtaposition paints a complex picture of the labor market. On one hand, job creation continues, indicating that the labor market is still expa