ChainCatcher reports new insights into the U.S. labor market. 🇺🇸 Jerry Templeman, VP of Fixed Income Research at American Joint Capital Management, highlights the impact of a prolonged government shutdown. This disruption has provided economists with unique labor market data after a three-month gap. 📊

The U.S. unemployment rate reached a four-year high in November, indicating weak labor market conditions. 🤔 However, these conditions have not yet raised sufficient concerns to prompt further interest rate cuts from the Federal Reserve. 📉