According to BlockBeats citing analysis from the UK (Financial Times), the U.S. non-farm payroll report to be released next Tuesday will encompass data for both October and November in one go, providing policymakers and market participants with a more complete picture of the labor market. After this week's monetary policy meeting, the Federal Reserve has lowered the benchmark interest rate to a nearly three-year low, but there are still significant divisions among officials on whether to prioritize 'curbing inflation' or 'addressing weak employment.'
Citigroup economists expect that non-farm payrolls in the U.S. may decrease by about 45,000 in October, while new jobs in November are expected to rebound to 80,000. This rebound may be more due to seasonal adjustments. Meanwhile, the unemployment rate may slightly rise from the current 4.4% to about 4.52%, which is close to the Federal Reserve's previously provided median year-end unemployment rate of 4.5%. Overall, this non-farm report may become an important reference for judging the pace of the U.S. economic slowdown.