全文 | 美国11月非农报告

Core Viewpoint - The U.S. non-farm payrolls increased by 64,000 in November, with the unemployment rate unexpectedly rising to 4.6%, the highest in four years, and revisions to August and September data showing a combined decrease of 33,000 jobs [1][9]. Group 1: Employment Data - The non-farm employment numbers showed minimal change, with an increase of only 64,000 since April, indicating almost no net growth [5][14]. - The unemployment rate for November was 4.6%, consistent with September, but higher than 4.2% in November of the previous year, with 7.8 million unemployed individuals [3][12]. - The labor force participation rate was 62.5%, and the employment-population ratio was 59.6%, both showing little change from September [3][12]. Group 2: Sector-Specific Employment Changes - Healthcare and construction sectors saw job increases, with healthcare adding 46,000 jobs and construction adding 28,000 jobs in November [5][14]. - The federal government sector experienced a decline, losing 6,000 jobs in November, following a significant drop of 162,000 jobs in October [6][14]. - The social assistance sector continued to rise, adding 18,000 jobs, primarily in personal and family services [6][14]. Group 3: Wage and Hourly Data - The average hourly wage for all private non-farm employees rose by 5 cents (0.1%) to $36.86, with a year-over-year increase of 3.5% [7][16]. - Average weekly hours for private non-farm employees increased slightly by 0.1 hours to 34.3 hours [7][16]. - The average hourly wage for production and non-supervisory employees increased by 11 cents (0.3%) to $31.76 [7][16]. Group 4: Impact of Government Shutdown - The release of employment data was delayed due to a federal funding interruption from October 1 to November 12, affecting data collection and processing [2][11]. - The government shutdown resulted in the absence of the October employment report, impacting the overall analysis of labor market conditions [2][11].