US November Jobs Report Shows Mixed Labor Market Signals

Delayed Report Highlights Economic Uncertainty

The US Bureau of Labor Statistics (BLS) released the delayed November 2025 jobs report on December 16, 2025, showing a mixed picture of the US labor market ¹

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Source 2

https://internasional.kontan.co.id/news/pasar-tenaga-kerja-as-diperkirakan-melemah-rilis-laporan-tertunda-jadi-sorotan

. The report indicated that nonfarm payrolls increased by 64,000 jobs in November ¹

Source 1

https://internasional.kontan.co.id/news/laporan-ketenagakerjaan-as-november-2025-non-farm-payroll-bertambah-64000-pekerjaan

, following a loss of 105,000 jobs in October due to government spending cuts and early retirement of federal employees.

Labor Market Weakness Amid Policy Uncertainty

The unemployment rate was recorded at 4.6% in November ¹

, reflecting the weakening labor market amid economic uncertainty triggered by President Donald Trump's aggressive trade policies. Economists had predicted a weakening labor market in October due to these policies, but the November data showed some recovery ²

Source 2

https://internasional.kontan.co.id/news/pasar-tenaga-kerja-as-diperkirakan-melemah-rilis-laporan-tertunda-jadi-sorotan

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Impact of Government Shutdown on Data Collection

The release of the report was delayed due to a 43-day government shutdown that hindered data collection from households, resulting in partial updates for October data. Despite this, the BLS managed to release the November figures, providing a glimpse into the current state of the US labor market.