We estimate that non-farm payrolls rose by a decent 170,000 in November, flattered by the return of striking GM workers. We wouldn’t take too much comfort from that, however, because recent gains look set to be revised sharply lower in the upcoming annual benchmark revision, while the survey evidence suggests that labour market conditions are deteriorating.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services