{"id":14660,"date":"2023-12-07T19:30:06","date_gmt":"2023-12-07T14:00:06","guid":{"rendered":"https:\/\/farratanews.online\/november-jobs-report-likely-to-signal-a-gradual-slowdown-in-the-labor-market\/"},"modified":"2023-12-07T19:30:06","modified_gmt":"2023-12-07T14:00:06","slug":"november-jobs-report-likely-to-signal-a-gradual-slowdown-in-the-labor-market","status":"publish","type":"post","link":"https:\/\/farratanews.online\/november-jobs-report-likely-to-signal-a-gradual-slowdown-in-the-labor-market\/","title":{"rendered":"November jobs report likely to signal a \u2018gradual slowdown\u2019 in the labor market"},"content":{"rendered":"

[ad_1]\n<\/p>\n

<\/p>\n
\n
\n
\n
\n

FreedomWorks senior economist Steve Moore provides insight on the state of the economy on ‘Making Money.’<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

All eyes will be on the November jobs report when it is released Friday morning as investors look for clues about the labor market’s health in the face of higher interest rates and still-high inflation.<\/p>\n

The Labor Department’s high-stakes November payroll report<\/u>, due at 8:30 a.m. ET, is projected to show that hiring increased by 180,000 last month and that the unemployment rate held steady at 3.9%, according to a median estimate by Refinitiv economists.<\/p>\n

That would mark a slight increase from the 150,000 gain in October<\/u> and the typical pre-pandemic monthly increase. However, it marks a decline from the average monthly gain of 258,000 recorded over the previous 12 months.<\/p>\n

WORKERS NOW DEMANDING NEARLY $80K TO START NEW JOB<\/u><\/strong><\/p>\n