According to a report by Golden Ten, the seasonally adjusted non farm payroll in the United States recorded a growth of 227000 people in November, the largest increase since March 2024, exceeding the expected 200000 people, and the previous value was revised up from 12000 to 36000. The US unemployment rate recorded 4.2% in November, which is in line with expectations, compared to the previous value of 4.10%. Analysts say that at first glance, we do not see any signs of an economic recession in this report. The job market has not hit rock bottom, but there are signs of slowing down. Considering the benchmark interest rate of the Federal Reserve, the upper limit of the target range is 4.75%, which is more than a percentage point higher than the core inflation rate, the reason for further interest rate cuts still holds water. @ftor26