This is a moderate number, slightly higher than expected, notes Scott Bauer. He discusses the jobs report for November 2023. The non-farm payrolls came in at 199K versus an estimated 180K and a prior 150K. The unemployment rate came in at 3.7% versus the estimated 3.9% and the prior 3.9%. Bauer previews what he expects the Fed reaction will be to the jobs report. Tune in to find out more about futures and the stock market today.
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