Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Agency: Non-farm payrolls are expected to increase by 200,000

Agency: Non-farm payrolls are expected to increase by 200,000

CointimeCointime2024/12/06 12:44
By:Cointime

 economists predict that the November non-farm payroll report will show that the US created 200,000 jobs in November, while in October, due to the distortions caused by two hurricanes and the Boeing strike, only 12,000 jobs were added. Compared with the unemployment rate of 4.1% in October, the unemployment rate in November may rise slightly to 4.2%. Meanwhile, after growing 4.0% in October, average hourly wages are expected to increase by 3.9% in November. Powell previously stated in an event this week that there is no need to rush to cut interest rates, as the economy is still growing, the job market is stable, and inflation remains above the 2% target. Analysts at Dow Jones Securities predict that as the impact of the two hurricanes gradually subsides, 75,000 jobs are expected to return to the mean in November. In addition, the unemployment rate is expected to rise by 0.1% to 4.2%, while the hourly rate may decrease to 0.2% after a significant increase of 0.4% in October.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!