List of Flash News about jobs revisions
| Time | Details |
|---|---|
| 14:38 |
US Nonfarm Employment Drops Again: Revelio Reports -9,000 in November, 5 Declines in 7 Months; Crypto Traders Watch Macro Signal
According to @KobeissiLetter, US nonfarm employment fell by 9,000 in November, marking a second consecutive monthly decline based on Revelio’s aggregated labor data; source: @KobeissiLetter citing Revelio. The dataset is compiled from company career pages, major job platforms like LinkedIn and Indeed, and staffing agencies, providing a real-time read on employment trends; source: @KobeissiLetter citing Revelio. Private employment dropped by 19,400 while government payrolls added 10,400 jobs in November, underscoring divergence between public and private hiring; source: @KobeissiLetter citing Revelio. October’s decline was revised down by 6,400 to a 15,500 drop, bringing cumulative downward revisions over the past four months to 158,800; source: @KobeissiLetter citing Revelio. Nonfarm payrolls have now posted five declines over the last seven months, the worst streak in at least five years, indicating accelerating labor market deterioration; source: @KobeissiLetter citing Revelio. |