#USGDPUpdate
$US US Jobs Data
Recent U.S. jobs data shows a cooling labor market with modest job growth and rising unemployment. Nonfarm payrolls increased by about 64,000 in November, a slowdown compared with previous months, while the unemployment rate reached around 4.6%, one of the highest in years. Hiring gains were concentrated in health care and construction, while federal government jobs continued to decline. Weekly jobless claims have recently fallen, suggesting layoffs remain low even as hiring momentum weakens. Overall, the labor market shows signs of stagnation with slower job creation, reflecting broader economic uncertainties and trends into early 2026.$BTC
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