US Non Farm Payrolls Seen at 50K in November

2025-12-16 10:09 By Joana Taborda 1 min. read

The US economy is expected to have added 50,000 jobs in November, following an anticipated decline in nonfarm payrolls in October due to federal government cost-cutting.

October’s expected job losses reflect the departure of more than 150,000 federal workers who accepted deferred buyouts as part of Trump’s push to shrink the size of government.

November’s employment gains are likely to be concentrated in healthcare and social assistance, as well as in the leisure and hospitality sectors.

Meanwhile, the unemployment rate is forecast to remain at a 2021 high of 4.4% in November, while average hourly earnings are expected to rise by 0.3%.

However, because the government shutdown prevented full data collection in October, the unemployment rate for that month will not be reported.



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