去年12月美国劳动力市场大概率呈现温和增长态势，这一表现或为投资者在新一年注入些许信心，但尚 不足以引发市场过度亢奋。美国劳工统计局将于北京时间周五晚9:30发布这份报告。 据市场共识预测，美国12月非农就业人口或新增6万人，失业率则微降至4.5%。不过，就业新增人数的 预测范围在2.5万至15.5万人之间，这凸显了当前招聘形势的不确定性。 若上述共识预测基本准确，这一新增就业数据，将较2025年前11个月平均每月5.5万人的增幅略有提 升，同时也略高于11月初步公布的6.4万人。当前失业率较2025年初高出0.5个百分点。 对交易员来说，这份报告对美联储的政策预期具有重要影响，并可能推动股债汇及贵金属市场大幅波 动。若非农就业数据疲软，将进一步强化市场对美联储年内加码降息的预期。受此影响，美元汇率大概 率会走弱，而美股可能会先迎来一波反弹，随后市场对经济增长的担忧情绪或将占据主导。 反之，若非农数据表现强劲，则会削弱市场的降息押注，对美元汇率形成支撑，同时可能会对美股估值 构成压制。美元走强同样不利于已经置身于指数再平衡阴影下的黄金。正如独立分析师Ross Norman所 说，"近日金价因获利了结而回落，但 ...

Core Viewpoint - The 2025 Talent Recruitment and Intelligence Introduction Key Work Press Conference in Zhenjiang highlighted a multi-faceted approach to attract talent, focusing on aligning talent supply with industry demand and enhancing collaboration between educational institutions and local enterprises [1][2]. Group 1: Talent Recruitment Activities - Zhenjiang will host nine "Zhenjiang Day" recruitment events throughout the year, collaborating with eight districts to promote the city and connect with universities [2]. - The city aims to conduct over 100 campus recruitment activities targeting key regions and advantageous disciplines to attract more graduates to Zhenjiang [2]. - A "100-Day Action" initiative will be launched to assist graduates from ten local universities in securing employment in Zhenjiang [2]. Group 2: Collaboration and Networking - The city plans to invite representatives from 100 universities and vocational colleges for a talent supply and demand negotiation meeting, enhancing the network between national universities and local industries [2]. - Various departments, including human resources, development, and technology, will collaborate to host 6 to 8 specialized recruitment fairs focused on key industries such as automotive, information technology, and marine engineering [2]. Group 3: Strategic Focus - The recruitment strategy emphasizes precision in attracting talent based on regional industrial layout and development needs, aiming to create a robust talent matrix that integrates with the industrial and innovation chains [1][2].