US Economy Adds 227,000 Jobs In November, Wage Growth Accelerates
US Economy Adds 227,000 Jobs In November, Wage Growth Accelerates
Prior to November's labor market data, market-implied odds indicated a 70% chance of a 25-basis-point rate cut, as per CME FedWatch. The November jobs report revealed a stronger-than-expected rebound in hiring, recovering from October's weather-related disruptions. Wage growth also slightly outpaced forecasts.
11月就業報告顯示，招聘出現強於預期的反彈，恢復了10月因天氣原因造成的干擾。工資增長也略微超出預期。
Nonfarm payrolls surged by 227,000 in November, a significant jump from October's upwardly revised 36,000.
11月非農就業人數猛增227,000人，顯著高於10月向上修訂的36,000人。
This robust labor market data could temper market expectations for an imminent interest rate cut, as resilient employment gains and rising wages may reduce policymakers' urgency to ease monetary policy.
這一強勁的勞動力市場數據可能會緩和市場對即將減息的預期，因爲就業增長的韌性和工資上漲可能會降低政策制定者放寬貨幣政策的緊迫性。
November Jobs Report: Key Highlights
11月就業報告：主要亮點
- Nonfarm payrolls rose by 227,000, sharply accelerating from the previous upwardly revised 36,000 and above the expected 200,000 as per TradingEconomics estimates.
- "Over the month, employment trended up in health care, leisure and hospitality, government, and social assistance. Employment increased in transportation equipment manufacturing, reflecting the return of workers who were on strike" the Bureau of Labor Statistics wrote in the report.
- Private payrolls rose by 194,000, while government sector employment rose by 33,000 in November.
- Total nonfarm payroll employment was revised up by 24,000 in October and by 32,000 in September.
- The unemployment rate rose from 4.1% to 4.2%, as expected.
- Average hourly earnings advanced at a 0.4% monthly pace, holding steady from October's 0.4% increase and surpassing expectations of 0.3%.
- On an annual basis, wages rose 4%, slightly more than the predicted 3.9%.
- 非農就業人數增加227,000人，顯著加速於之前向上修訂的36,000人，高於TradingEconomics估計的200,000人。
- 「在這個月，醫療保健、休閒和酒店、政府和社會救助等行業的就業出現上升。運輸設備製造業就業人數增加，反映出曾在罷工的工人返回工作，」勞工統計局在報告中指出。
- 私營部門就業人數在11月增加了194,000人，而政府部門就業人數增加了33,000人。
- 總非農就業人數在10月上修了24,000人，9月上修了32,000人。
- 失業率從4.1%上升到4.2%，如預期。
- 平均時薪以每月0.4%的速度上升，與10月的0.4%的增長持平，超過了0.3%的預期。
- 按年計算，工資上升了4%，略高於預期的3.9%。
Market Reactions
市場反應
Prior to November's labor market data, market-implied odds indicated a 70% chance of a 25-basis-point rate cut, as per CME FedWatch.
在11月的勞動力市場數據公佈之前，市場普遍預期顯示，在CME FedWatch的支持下，有70%的幾率實施25個點子的減息。
The U.S. dollar index – as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP) – fell by 0.3% after the report.
美國美元指數——由景順Db美元指數看好基金ETF（紐交所：UUP）跟蹤——在報告發布後下跌了0.3%。
Treasury yields slightly fell, with the rate-sensitive 2-year yield falling by nearly 5 basis points.
國債收益率略微下降，利率敏感的2年期收益率下跌近5個點子。
Futures on major U.S. indices edged higher during Friday premarket trading. Contracts on both the S&P 500 and the tech-heavy Nasdaq 100 were up by 0.2%.
在週五的盤前交易中，美國主要指數的期貨小幅上漲。標準普爾500指數和科技股重的nasdaq 100的合約都上漲了0.2%。
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譯文內容由第三人軟體翻譯。
