U.S. Labor Market Softened in October, November

Core Insights - The Conference Board's Employment Trends Index has declined to 105.80, indicating a potential slowdown in hiring activity [1] - The increase in the unemployment rate has raised further concerns regarding employment trends [1] Employment Trends - The Employment Trends Index reflects a joint number for both months, suggesting a consistent downward trend in employment indicators [1] - The decline in the index may signal challenges for companies in maintaining or increasing their workforce [1]