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Agency: Nonfarm payrolls expected to increase by 200,000
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2024-12-06 21:03 4,503
Golden Finance reported that economists expect the November non-farm payrolls report to show that the United States created 200,000 jobs in November, compared with only 12,000 jobs in October due to distortions caused by two hurricanes and the Boeing strike. post. The unemployment rate is likely to rise slightly to 4.2% in November, compared with October's 4.1% unemployment rate. Meanwhile, average hourly earnings are expected to increase 3.9% in November, following a 4.0% increase in October. Powell said at an event this week that because the economy is still growing, the job market is stable and inflation remains above the 2% target, there is no need to rush to cut interest rates. When looking ahead to the November non-farm payrolls report, analysts at TD Securities said that as the impact of the two hurricanes gradually subsides, 75,000 jobs are expected to return to the mean in November. In addition, the unemployment rate is expected to rise by 0.1% to 4.2%, while the monthly hourly wage rate may fall to 0.2% after a sharp increase of 0.4% in October.
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