Summary:
Job creation in November rebounded as the Boeing strike and Southeast hurricanes eased, according to the BLS. Worker pay rose 0.4% month-over-month.
Dec NFP
10/1/2025 (Fri)
Previous (Nov)：227k Forecast: 160k
Job creation in November bounced back from the prior month as the effects of a strike at Boeing and hurricanes in the Southeast receded, the BLS said. Worker pay continued to rise, up 0.4%emonth on month.
Nonfarm payrolls increased by 227,000 for the month, compared with an upwardly revised 36,000 in October and a consensus estimate for 214,000. The unemployment rate edged higher to 4.2% as expected.
Despite rosy business sentiment, Trump promises to raise tariffs on imports and carry out mass deportations of migrants have raised concerns of higher prices and labour supply disruptions.
Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.
The euro remained near a two-year low on Friday, with the market expecting further weakness as Trump’s presidency begins.
2025-01-10
Oil prices fell on Thursday, extending losses due to large US fuel inventory builds, but concerns over tighter OPEC+ supplies limited the decline.
2025-01-09
EUR/CHF gained annually as the EU and Switzerland updated their trade deal. Switzerland's economy is solid but faces deflation and US tariff risks.
2025-01-08
