November, job market and unemployment
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Already shaky job market weakened in October and November, according to delayed federal data
Already shaky job market weakened in October and November, according to delayed federal data The United States shed 105,000 jobs in October and added 64,000 jobs in November, the Bureau of Labor Statistics said Tuesday, lifting a monthslong fog that had shrouded the labor market.
Federal Reserve Chair Jerome Powell discusses labor market outlook after the third interest rate cut this year, citing unemployment rise to 4.4% and slowing job growth.
The U.S. labor market is showing further signs of cooling, as the latest jobs report indicates that unemployment has risen to its highest level in four years. There was some good news as payrolls climbed by 64,
Further deterioration of the labor market would deepen the political challenges Trump faces with voters who are increasingly dissatisfied with his economic stewardship.
The November jobs report, which was delayed by about a week as Bureau of Labor Statistics workers caught up after the government shutdown, was released on Tuesday morning. And it was rather dismal.
The labor market report stated that while the unemployment rate inched up, non-farm payroll increases were firm. Click here to read what investors need to know.
And 2026 may not be much better. The November jobs report out Tuesday showed the unemployment rate unexpectedly jumped to 4.6% — relatively low by historical standards but the highest since mid-2021.
U.S. labor costs increased slightly less than expected in the third quarter as a softening labor market curbed wage growth, which bodes well for the inflation outlook.
Labor market stress may be building faster than markets are pricing, increasing the odds of faster Fed easing. Key signals in unemployment and jobless claims could drive the next move in stocks, gold,
Looking for the stock market outlook for the first half of 2026? See what you should consider heading into the new year to help be prepared.
Labor Secretary Lori Chavez-DeRemer defends the rising unemployment rate of 4.6% as a positive sign that more Americans are seeking jobs under the Trump administration.
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