Economists at Bank of America stated that the employment report for November will be released on Friday, and investors should pay attention to the growth rates over the two months, especially considering the significant revision risks for the October data. A Wall Street Journal survey indicated that the USA is expected to record an increase of 0.214 million in November's non-farm employment, up from 0.012 million in October. Bank of America predicts that, due to the impact of hurricanes and the Boeing strike, this number will exceed 0.24 million. It is also expected that the labor force participation rate will rebound, causing the unemployment rate to rise from 4.1% to 4.2%, consistent with the Wall Street Journal's expectations. Bank of America indicated that the number of unemployment claims increased due to the impact of hurricanes but has since decreased, indicating a rapid economic recovery.
美银:预计11月非农就业大幅超越前值
Bank of America: It is expected that November's non-farm employment will significantly exceed the previous value.
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