Core Viewpoint - The U.S. labor market showed modest growth in January, with non-farm employment increasing by 130,000 jobs and the unemployment rate remaining stable at 4.3% [1][13]. Group 1: Employment Data - In January, the unemployment rate was 4.3%, with 7.4 million unemployed individuals, both figures higher than a year ago when the unemployment rate was 4.0% and the number of unemployed was 6.9 million [2][14]. - The youth unemployment rate decreased to 13.6%, while adult male and female unemployment rates remained stable at 3.8% and 4.0%, respectively [2][14]. - The labor force participation rate was 62.5%, and the employment-population ratio was 59.8%, both showing little change [2][14]. - The number of long-term unemployed (27 weeks or more) was stable at 1.8 million, but this was an increase of 386,000 from the previous year [2][14]. Group 2: Sector-Specific Employment Changes - The healthcare sector added 82,000 jobs in January, with outpatient care services contributing 50,000 jobs, hospitals adding 18,000, and nursing and residential care facilities increasing by 13,000 [4][16]. - The social assistance sector saw an increase of 42,000 jobs, primarily in personal and family services, which added 38,000 jobs [5][17]. - The construction sector added 33,000 jobs, mainly in non-residential specialty trade contractors, which increased by 25,000 jobs [5][17]. - Federal government employment decreased by 34,000 jobs, attributed to employees leaving under a delayed retirement program, with a total decline of 327,000 jobs since October 2024 [5][17]. - The financial activities sector lost 22,000 jobs, with a total decline of 49,000 jobs since May 2025 [5][17]. Group 3: Wage and Hour Data - Average hourly earnings for all private non-farm employees rose by $0.15 (0.4%) to $37.17, with a year-over-year increase of 3.7% [6][18]. - Average weekly hours for private non-farm employees increased by 0.1 hours to 34.3 hours [6][18]. - The average hourly wage for production and non-supervisory employees rose by $0.12 (0.4%) to $31.95 [6][18]. Group 4: Data Revisions and Adjustments - The non-farm employment total for March 2025 was revised down by 898,000, reflecting a 0.5% decrease in non-seasonally adjusted figures [7][19]. - The change in non-farm employment for 2025 was revised from an increase of 584,000 to 181,000 [8][20]. - The severe winter storm in January 2025 did not have a discernible impact on employment data, although it affected the response rate for household surveys [10][22].

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].

Group 1 - The unemployment rate in Brazil decreased to 5.6% in July, down from 5.8%, marking the lowest level since records began in 2012 [1] - The number of unemployed individuals fell to 6.1 million, the lowest since the end of 2013, while the employment population reached a record 102.4 million [1] - The employment-to-population ratio remained stable at a historical high of 58.8%, indicating consistent labor force participation [1] Group 2 - The agriculture sector added 206,000 jobs, the information and professional services sector added 260,000 jobs, and public administration, education, healthcare, and social services added 522,000 jobs, driving the employment growth [1] - The average real income in July increased by 1.3% year-on-year, reaching 3,484 Brazilian Reais, indicating improvements in the quality of the labor market [1]

Group 1 - The total non-farm employment in July showed little change, increasing by 73,000, remaining stable since April [2][8] - The unemployment rate in July was 4.2%, with 7.2 million unemployed individuals, showing minimal change from the previous month [3][4] - The healthcare and social assistance sectors continued to see job growth, while federal government employment continued to decline [8][9][10] Group 2 - The number of long-term unemployed individuals (those unemployed for 27 weeks or more) increased by 179,000 to 1.8 million, accounting for 24.9% of the total unemployed population [5] - The labor force participation rate in July was 62.2%, unchanged from the previous month but down 0.5 percentage points year-over-year [6] - The average hourly wage for all private non-farm employees increased by $0.12, or 0.3%, reaching $36.44, with a year-over-year increase of 3.9% [11]