11月美国非农数据快报

Employment Data - In November 2024, the U.S. added 227,000 non-farm jobs, significantly up from the previous month's 36,000 and exceeding the forecast of 220,000[3] - The revisions for September and October showed an upward adjustment of 56,000 jobs, with September revised from 223,000 to 255,000 and October from 12,000 to 36,000[3] - The service sector contributed approximately 70% of the new jobs, while manufacturing saw the largest month-over-month increase of 70,000 jobs compared to October[3] Unemployment and Labor Market - The unemployment rate increased by 0.1 percentage points to 4.2%, surpassing the expected 4.1%[3] - The labor force participation rate decreased by 0.1 percentage points to 62.5%[3] - Average hourly earnings rose by 0.4% month-over-month and maintained a year-over-year growth of 4.0%, both exceeding expectations[3] Market Reactions - Following the release of the employment data, market expectations for a Federal Reserve rate cut in December increased from 67% to 85%[3]