Non-farm payroll data is out, painting another "mixed" picture of the US job market
November added about 64,000 jobs, higher than expected, but the unemployment rate soared to 4.6%, a four-year high. This actually reflects factors like sluggish hiring, reduced government positions, and changes in labor structure—not entirely healthy.
Traders in the market have already started adjusting positions, with futures data showing increased expectations for two rate cuts in 2026
For retail investors, this data actually better reflects the Fed's next policy direction than simply looking at stock indices
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
