November Jobs Report

#Jobs — Abbreviated October data shows a loss, while November had a small gain. UE ticks higher.

Gain of +64,000 non-farm payroll jobs, vs. expected gain of 45K
An “abbreviated” October count indicates a loss of -105,000 jobs.
Unemployment up by 0.2 from Sept at 4.6%, highest since Sept 2021
U6 unemployment 8.7%, up by 0.7 from Sept
Labor force participation up 0.1 to 62.5%
Average hourly earnings up by 0.1%; +3.5% Y/Y, smallest gain since May 2021

September jobs revised down by -11K to +108K
August jobs revised down by -22K to -26K