The US Nonfarm Payroll Report for November 2025 showed a rebound in job growth, with an increase of 64,000 jobs, exceeding market expectations of 50,000. The unemployment rate rose to 4.6%, the highest since September 2021, due to data distortions caused by the government shutdown. Private sector hiring was steady, with healthcare and construction sectors leading the gains
Key Highlights:
Job Growth: 64,000 jobs added in November, surpassing expectations
Unemployment Rate: 4.6%, up from 4.4% in September
Private Sector Hiring: Steady, with gains in healthcare and construction
Wage Growth: Average hourly earnings increased 3.5% year-over-year
The report suggests a softening labor market, with economists predicting further weakening. The Federal Reserve is likely to consider this data when deciding on interest rates.#USNonFarmPayrollReport