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The U.S. Nonfarm Employment Reports are scheduled to be released, providing insights into the country's economic health. The latest data shows that nonfarm payrolls increased by 64,000 in November, with the unemployment rate rising to 4.6%. This marks the fifth consecutive month of higher unemployment ¹.
*Key Highlights:*
- _Nonfarm Payrolls_: Increased by 64,000 in November, lower than the expected 120,000
- _Unemployment Rate_: Rose to 4.6%, up from 4.1% in June 2025
- _Job Growth_: Healthcare services saw the biggest increase, adding 46,000 jobs
- _Economic Outlook_: Analysts predict a slowdown in consumer spending and job growth
The Federal Reserve has cut interest rates three times this year to shore up the labor market. Bank of America predicts the unemployment rate will rise to 4.5% in November, potentially triggering further rate cuts ².
Would you like more information on the U.S. economy or the impact of these reports?