🚨 US Nonfarm Payrolls for Nov & Dec Revised Down by 17,000 Jobs 🚨
The US Bureau of Labor Statistics (BLS) revised nonfarm payroll data lower:
November: revised down from 56,000 to 41,000 jobs.
December: revised down from 50,000 to 48,000 jobs.
Combined, payrolls for the two months were adjusted 17,000 lower than initially reported. This suggests a slight cooling in the labor market, a key factor for Fed rate expectations and macro sentiment.
News for reference only, not investment advice.
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