From NY Post: The unemployment rate rose more than expected in November and previous jobs figures were revised downward as the first full report after months of a data fog revealed a weakening labor market.
Hiring remained steady as US employers added 64,000 jobs in November, above expectations of a 50,000 increase, the Bureau of Labor Statistics said Tuesday.
But the unemployment rate jumped to 4.6%, its highest level since September 2021 – up from 4.4% in September, according to government data.
“For a data-dependent Fed, this morning’s data will only increase the internal debate,” Chris Zaccarelli, chief investment officer for Northlight Asset Management, said in a note on Tuesday.
“The labor market is weakening as evidenced by the higher unemployment rate, but the retail sales were generally better than expected.”
The Post reports that the Dow Jones Industrial Average and S&P 500 showed little change after the report was released, each falling less than 0.1% while the Nasdaq rose 0.3% by approximately 10 a.m. ET.
BREAKING: The November Jobs Report has been RELEASED
🟢Jobs ADDED In Nov: 64,000
Expected: 50,000November Unemployment: 4.6%
This data was delayed due to the government shutdown. pic.twitter.com/htJJqGd5IR
— Townhall.com (@townhallcom) December 16, 2025
The unemployment rate rose to 4.6% in November, higher than expected. pic.twitter.com/tay03WcHO1
— Steven Rattner (@SteveRattner) December 16, 2025
JUST IN: The US economy added 64,000 jobs November. But the unemployment rate jumped to 4.6% –>the highest since September 2021.
Only healthcare and construction were hiring. Other sectors are flatlining or laying off workers. ***There have been almost no job gains since… pic.twitter.com/KXMOEHIami
— Heather Long (@byHeatherLong) December 16, 2025
Read more at NY Post
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