December 3, Globalhui | Economists from Bank of America stated that the employment report for November will be released on Friday, investors should pay attention to the growth rate of the past two months, especially considering the risk of significant revisions to the October data. A survey by The Wall Street Journal shows that the US non-farm payroll for November is expected to increase by 0.214 million, higher than the 0.012 million in October. Bank of America expects this number to exceed 0.24 million due to the impact of hurricanes and Boeing strikes. It is also expected that the labor force participation rate will rebound, causing the unemployment rate to rise from 4.1% to 4.2%, in line with The Wall Street Journal's expectations. Bank of America stated that under the influence of hurricanes, the number of people applying for unemployment benefits has increased, 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.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.