November non farm payrolls comes in at 64,000

Employment Data - The non-farm payrolls for November increased by 64,000 jobs, indicating a slower job growth compared to previous months [1] - The unemployment rate rose to 4.6%, the highest level since July 2021, while the underemployment rate (U6) is at 8.7%, also the highest since July 2021 [3] - Labor force participation rate improved slightly to 62.5%, the best reading since April 2021 [4] Wage and Retail Sales - Average hourly earnings increased by 0.1% month-over-month and 3.5% year-over-year, which is below market expectations [2] - Retail sales remained unchanged in November, with a notable improvement of 0.4% when excluding auto sales, marking the best performance since August [5] - The core retail sales figure rose by 0.8%, the highest increase since June [6] Interest Rates and Market Reaction - Interest rates have decreased, with the 10-year yield dropping to around 4.14% and the 2-year yield down by five basis points [7] - Pre-opening equities showed a positive trend, with the Dow up by approximately 57 points [7]