Macro Data – US November Non-Farm Payrolls
3rd December, 2021 2:21 pm A surprisingly soft November non-farm payrolls report, but the devil is in the detail. Non-farm employment rose 210k (mkt 550k) while private sector jobs growth came in at just 235k (mkt 530k). Manufacturing payrolls added 31k jobs while government lost another 25k, their fourth consecutive decline. The revisions upward at least, but not quite at the pace of the past 12-months.
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