#USNonFarmPayrollReport 🚨 US Jobs Report Shock: Delayed Data Finally Lands 🚨
🇺🇸 Double Release: October NFP -105K | November +64K
After months of delays from the historic government shutdown, BLS drops the bombshell – October saw massive job losses (-105K), driven heavily by federal cuts (-162K govt jobs). November rebounds modestly (+64K, beating est. 50K), but unemployment climbs to 4.6% (4-year high). ⚠️ Labor market cooling is undeniable.
📈 Key Insights:
- Shutdown distortions aside, private sector held up but growth sluggish
- Wage growth slowing, easing inflation pressures
- Fed wat