Job growth totaled 64,000 for the month, better than the Dow Jones estimate for 45,000.
The unemployment rate rose to 4.6%, more than expected.
In addition to the November report, the BLS released an abbreviated October count that showed payrolls down 105,000. While there was no official estimate, Wall Street economists were largely expecting a decline following a surprise increase of 108,000 in September.
Read more at - https://www.bls.gov/news.release/empsit.nr0.htm
Flat employment + increasing unemployment = more people looking for work who previously weren’t.
I feel like not a big problem for the US atm. It's kinda normal to see .2 to .5 +- on this data. You can't be sure that's actually 100% accurate. The numbers next month should be uch better imo.
No, not a big deal but the trends aren’t going in the right direction.
You should be very glad that unlike China US won't need to cash inject to support the economy at least not until one or two more years. And if by chance the job deduction propoganda worked, Trump might say he made America great again.
You mean cash injections to regular people?
The Fed injects lots of cash for the bankers.
Yes to regular people. I know banks, fed and US government has a trilogy going since forever.