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US added 64K jobs in November, unemployment up slightly

Posted on 12/16/25 at 7:57 am
Posted by Jbird
Shoot the tires out!
Member since Oct 2012
90620 posts
Posted on 12/16/25 at 7:57 am
quote:

The U.S. added 64,000 jobs in November as the unemployment rate rose to 4.6 percent, according to delayed data released Tuesday by the Labor Department.

Economists had forecasted a gain of 40,000 jobs and 4.4 percent unemployment rate, according to consensus estimates.


quote:

The U.S. was adding roughly 76,000 jobs per month before factoring in the November report, treading dangerously close to the pace economists say is necessary to prevent unemployment from rising.

BLS has also issued several stark downward revisions to previous jobs reports, raising concerns about both the economy and how hard it may be to judge its health.


LINK
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98114 posts
Posted on 12/16/25 at 7:59 am to
quote:

BLS has also issued several stark downward revisions


This is an understatement. We have had negative jobs the last 3 mnths

And we have Too Late trying to talk tough like there wont be more cuts
Posted by Sassafrasology
Member since Nov 2025
1144 posts
Posted on 12/16/25 at 8:01 am to
Just wait until AI kicks in. The economy is going to be awesome.
Posted by Sassafrasology
Member since Nov 2025
1144 posts
Posted on 12/16/25 at 8:02 am to
quote:

And we have Too Late trying to talk tough like there wont be more cuts


You'll be happy. December is the transition from QT to QE. In '26 the FR will be buying U.S. Treasuries again.
Posted by texas tortilla
houston
Member since Dec 2015
4597 posts
Posted on 12/16/25 at 8:07 am to
LINK i think they are buying 40 billion in december.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98114 posts
Posted on 12/16/25 at 8:08 am to
They already started buying them last week
Posted by Sassafrasology
Member since Nov 2025
1144 posts
Posted on 12/16/25 at 8:28 am to
quote:

They already started buying them last week


You're right. I just looked it up. Purchases began on December 12, starting with approximately $40 billion in Treasury bills over the initial period.
Posted by Sassafrasology
Member since Nov 2025
1144 posts
Posted on 12/16/25 at 8:28 am to
quote:


LINK i think they are buying 40 billion in december.
Posted by RedStickFox
Member since Sep 2022
561 posts
Posted on 12/16/25 at 8:42 am to
Just for a quick comparison, last year in November under Biden we gained 227k jobs.

But I'm sure our maga faithful are so excited that the FIFA peace prize recipient only cut it by more than 2/3's. So much winning.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98114 posts
Posted on 12/16/25 at 8:44 am to
quote:

Just for a quick comparison, last year in November under Biden we gained 227k jobs.



Then they were revised down to zero 12mnths later
Posted by Jbird
Shoot the tires out!
Member since Oct 2012
90620 posts
Posted on 12/16/25 at 8:45 am to
quote:

Just for a quick comparison, last year in November under Biden we gained 227k jobs.

your Point is? Oh I see masturbation.
Posted by deltaland
Member since Mar 2011
102728 posts
Posted on 12/16/25 at 8:58 am to
Midterms are looking more and more bleak for the GOP. This is a bad report considering it’s holiday season when retail usually adds a ton of jobs to meet demand

Trump needs to worry less about foreign affairs and more about the economy and America First
Posted by Sassafrasology
Member since Nov 2025
1144 posts
Posted on 12/16/25 at 9:01 am to
quote:

Trump needs to worry less about foreign affairs and more about the economy and America First




Never going to happen. We will get EOs that might be nice but they will never be codified into law by this congress. The puppet masters will not allow it.
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