###USJobsData The last set of labor market indicators for the USA in 2025 presents a sensitive scenario of an economy in transition. In light of the rough autumn characterized by severe government shutdown in the country, the report finally out in December is witnessing the "low-hire, low-fire" scenario that is trying to test the 'soft landing' logic in the economy.

The Headline Figures

According to the most recent release from the Bureau of Labor Statistics (BLS), there was a small reversal in the overall state of the labor market in the U.S., although there are increasing pressures building in the background.

| Metric| November 2025 Data| Trend|

| Nonfarm Payrolls| +64,000 | Rebound from October loss (-105,000) |

| **Unemployment Rate | 4.6%| Greatest since the start of 2017 (excluding pandemic period

| Growth of Wages (YoY) | 3.5% | Decelerating, still positive |

| Percentage of Persons Participating| 62.5% | Stable

Sector Performance: A Tale of Two Economies

“Headline” stability hides the fact that there are big differences between industries. While the private sector is producing jobs, the federal government is shrinking at a record rate.

1. The Growth Engines: Healthcare & Construction

The healthcare industry continues to be the undisputed leader in the labor market of 2025. Due to the rising "Baby Boomer" generation, it added 46,000 jobs in November alone. The construction industry was the next surprise performer, with 28,000 jobs added through non-residential specialty trade contractors.

2. Contraction - Federal Government & Logistics

The federal government experienced a huge shrinkage in employment with a loss of 162,000 jobs in October and 6,000 more in November. This change mirrors a trend of postponed resignations and buyouts to reduce the federal presence. Conversely, transportation and warehousing reported a loss of 18,000 jobs indicating a slowdown in the logistics industry.

• "The Sahm Rule" and Recessionary Wh

The unemployment rate of 4.6% has caught the attention of economists. Since last November 2024, this unemployment rate has risen by 0.4 percentage points. If this trend continues and the increase touches 0.5 percentage points beyond the 12-month low, then the Sahm Rule is applied, which signifies that the U.S.$BNB economy has entered a recession.

Aside: A great deal of the current level of unemployment can be traced to "reentrants" – individuals not in the labor force before but seeking employment. This is considered more of an indicator of confidence among job seekers rather than a sign of economic meltdown$BTC .

Looking Ahead to 2026

In As we leave behind the year 2025, it is apparent that the job market is no longer a ‘candidate's market.’ Job applicants, especially professionals in data and analytics, are also spending more time on the job market. Meanwhile, professionals in the medical industry, trade skills, and state-licensed professionals see high demand. The Federal Reserve is certainly going to take this "cooling, but not freezing" factor into consideration as it formulates its interest rate strategies for the early part of 2026. The US economy, for the moment, is still on a thin line towards achieving stability. Would you like me to examine the ways in which these job trends could affect a certain industry or geographic area?#USJobsData