According to BlockBeats, the Financial Times analysis points out that the U.S. non-farm payroll report to be released next Tuesday will include data from October and November, providing policymakers and investors with a more complete picture of the labor market. The Federal Reserve lowered interest rates to a three-year low after this week's meeting, and officials have differing views on whether to prioritize addressing high inflation or a weak job market.
Citigroup economists expect a decrease of about 45,000 jobs in October and an increase of 80,000 in November, with the rebound possibly related to seasonal data adjustments. The unemployment rate is expected to rise from 4.4% to 4.52%, while the Federal Reserve predicts the median unemployment rate to be around 4.5% by the end of the year.