#USNonFarmPayrollReport
📌 Latest NFP Data (Released Dec 16, 2025)
Nonfarm Payrolls (Nov 2025): +64,000 jobs — better than expectations (~50,000).
However, October was deeply weak (-105,000 jobs) due to federal layoffs and shutdown effects.
Unemployment rate rose to ~4.6%, the highest since 2021.
Job gains were modest and overall market strength remains soft.
Takeaway: The US labor market isn’t showing explosive growth — it’s softening with weaker job creation and rising unemployment.
📊 Context & Market Impact
Why the numbers look weird:
October and November data were delayed and then combined because of a long government shutdown.
October’s employment report was effectively canceled and only later folded into Nov.
Today’s related labor data (Dec 19, 2025):
Weekly jobless claims dropped (-13,000), but claims remain highish overall (224,000).
Another labor report confirms jobless claims fell, but ongoing claims rose.
📈 Market Reaction (Recent)
US stocks reacted mixed or slightly lower after the jobs report.
Volatility in currencies and risk assets around this release has been higher than normal.
🧠 What This Signals for the Economy
✅ Jobs are being added (modestly)
❌ But unemployment is rising
⛔ Labor market weakening overall
💰 Fed likely data-dependent; more easier policy pressure possible
🛠 Quick Summary for Traders
Indicator Result Market Effect
NFP Jobs (Nov) +64K Slight USD support, but weak
Unemployment Rate ~4.6% ↑ Dollar weaker, hawkish bets fade
Weekly Claims ↓ but still elevated Mixed risk sentiment