来源：滚动播报 "美联储传声筒"Nick Timiraos表示：美联储内部认为，就业成本指数（ECI）是衡量薪酬增长的最高质 量指标。不含激励性薪酬职业的私营部门员工薪资数据显示，今年薪资增长略有放缓，但（以一年期和 季度为统计维度）仍略高于疫情前的增长水平。 ...

Core Viewpoint - In November, the U.S. private sector experienced a surprising decline of 32,000 jobs, contrasting sharply with previous expectations of a 20,000 job increase [1] Employment Data Summary - The revised data for October indicates an increase of 47,000 jobs in the private sector [1] - Employment in the goods-producing sector decreased by 19,000 jobs, while the service sector saw a reduction of 13,000 jobs in November [1] - Small private enterprises lost 120,000 jobs, whereas medium and large enterprises added 51,000 and 39,000 jobs, respectively [1] - The Northeast and South regions of the U.S. saw declines of 100,000 and 43,000 jobs in the private sector, while the Midwest and West regions experienced increases of 45,000 and 67,000 jobs, respectively [1] Economic Trends - The data indicates a stagnation in job creation during the second half of the year, with a downward trend in wage growth [1] - Recruitment activities in manufacturing, professional and business services, information, and construction sectors were particularly weak in November [1] - The chief economist of the company noted that employers are facing cautious consumer sentiment and an uncertain macroeconomic environment, leading to fluctuations in the hiring market [1]

Core Insights - The chief economist of ADP, Nela Richardson, noted that while layoffs remain uncommon, hesitance in hiring and reluctance to replace departing employees have contributed to an increase in unemployment last month [1] - Despite the slowdown in hiring, wage growth has not been adversely affected [1]

英国央行表示，英国GDP增长似乎仍然疲软，劳动力市场继续放松，导致更明显的迹象表明，随着时间 的推移，疲软的边际已经打开。薪酬增长指标继续放缓，与5月份一样，委员会预计今年剩余时间将显 著放缓。 ...

ADP首席经济学家Nela Richardson：在经历了今年的强劲开局后，招聘正在失去动力。然而，5月份的 薪酬增长几乎没有变化，无论是留在工作岗位还是跳槽的人，都保持在强劲的水平。 ...