November jobs report expected to show hiring rebound, unemployment hold steady at 4.1%

[mahatmakanejeeves]

Yahoo! Finance
November jobs report expected to show hiring rebound, unemployment hold steady at 4.1%

Josh Schafer · Reporter
Updated Thu, December 5, 2024 at 2:41 PM EST 3 min read

Key Questions

What are the expectations for the November jobs report?

The Bureau of Labor Statistics' monthly jobs report is expected to show nonfarm payrolls rose by 215,000 in November while the unemployment rate held steady at 4.1%, according to consensus estimates compiled by Bloomberg.

{snip}

[nmmi]

1. It came in at 227,000. Plus the previous 2 months were revised up by 56,000. A link to LBN report

But the unemployment rate ticked up from 4.1% to 4.2%

Link to LBN report: https://www.democraticunderground.com/10143351766

The Household Survey's "Employed" number FELL by 355,000 in another huge difference with the Establishment Survey's +227,000 payroll employment number