美国重磅就业数据引担心，失业率升至四年来最高

Group 1 - The U.S. labor market is showing signs of weakness, with a net job loss of 105,000 in October and a modest gain of 64,000 in November, indicating a "low hiring-low layoff" environment [2][3] - The unemployment rate rose to 4.6% in November, the highest since September 2021, with a broader measure of unemployment reaching 8.7% [2][3] - Retail sales growth has slowed, with a year-on-year increase of 3.47% in October, down from 4.18% in September, and a month-on-month change of 0% [1][3] Group 2 - The affordability crisis in the U.S. is highlighted by the long-term inflation that has eroded consumer purchasing power, with only 18 months of wage growth exceeding inflation from 2020 to 2023 [4] - Household debt has reached a historical high of $18.59 trillion, with significant increases in mortgage and consumer loans, indicating ongoing economic pressure [5][6] - The Federal Reserve faces a dilemma in its monetary policy, balancing between lowering interest rates to stimulate the economy and the risk of increasing inflation [6]