Odaily Planet Daily News: US initial jobless claims rose moderately last week, indicating that despite continued weakness in labor demand, the scale of layoffs by the end of 2025 remains at relatively low levels. Affected by seasonal adjustments from year-end holiday factors, data has fluctuated in recent weeks, but overall, the number of layoffs remains low by historical standards. Influenced by tariff uncertainty and the widespread adoption of artificial intelligence, employers appear hesitant to add staff, but large-scale layoff waves have not materialized, leaving the labor market in a state of “paralysis.” Market focus has now shifted to the December non-farm employment report to be released this Friday. Economists expect non-farm employment to increase by 60,000 people last month, with the unemployment rate expected to decline from the over-four-year high of 4.6% reached in November to 4.5%. It should be noted that November’s unemployment rate data was partially affected by a 43-day federal government shutdown. (Jin10)
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Odaily Planet Daily News: US initial jobless claims rose moderately last week, indicating that despite continued weakness in labor demand, the scale of layoffs by the end of 2025 remains at relatively low levels. Affected by seasonal adjustments from year-end holiday factors, data has fluctuated in recent weeks, but overall, the number of layoffs remains low by historical standards. Influenced by tariff uncertainty and the widespread adoption of artificial intelligence, employers appear hesitant to add staff, but large-scale layoff waves have not materialized, leaving the labor market in a state of “paralysis.” Market focus has now shifted to the December non-farm employment report to be released this Friday. Economists expect non-farm employment to increase by 60,000 people last month, with the unemployment rate expected to decline from the over-four-year high of 4.6% reached in November to 4.5%. It should be noted that November’s unemployment rate data was partially affected by a 43-day federal government shutdown. (Jin10)