US payrolls rise 64,000 after October drop, unemployment up #shorts #jobs #unemployment #labormarket

Employment Data Analysis - November saw the creation of 64,000 jobs, contrasting with a loss of 105,000 jobs in October [1] - October's job numbers were generally weak across various categories, followed by a rebound in November [1] - The November unemployment rate increased to 564% (unrounded) from 444% in September, indicating a significant rise over two months [2] - The labor force increased by 323,000 over two months, but data on hires and fires is missing [3] Data Reliability Concerns - The Labor Department reported a stronger than normal response on the establishment survey (jobs created) [4] - A weaker than normal response was noted on the household survey for November, impacting the unemployment rate calculation, suggesting a need to consider error margins [5] Economic Outlook - The Federal Reserve faces challenges in assessing the current economic state and future trajectory due to incomplete data [4]