US nonfarm payrolls are estimated to have declined by 9,000 in November, marking a second consecutive monthly drop, according to big data analytics from Revelio Labs. The leisure and hospitality sector led the decline, while official US employment data is due on December 16.
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US Big Data Firm Estimates November Nonfarm Payrolls Down 9,000—Second Consecutive Monthly Decline
US nonfarm payrolls are estimated to have declined by 9,000 in November, marking a second consecutive monthly drop, according to big data analytics from Revelio Labs. The leisure and hospitality sector led the decline, while official US employment data is due on December 16.
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US November ADP Private Payrolls Fall by 32,000—Forecast Had Called for 10,000 Gain
US private sector employment unexpectedly declined by 32,000 in November, missing forecasts for a 10,000 increase and signaling potential labor market weakness.
Yonhap InfomaxChina’s services sector expanded for a fifth straight month in November, with the S&P Global Services PMI at 52.1, though growth momentum slowed amid weaker employment and softer business outlook.
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China November S&P Global Services PMI at 52.1—Down Slightly From Previous Month's 52.6 (Update)
China’s services sector expanded for a fifth straight month in November, with the S&P Global Services PMI at 52.1, though growth momentum slowed amid weaker employment and softer business outlook.
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Construction Orders Rebound in July After Four-Month Slump—Output and Employment Continue 15-Month Decline
South Korea’s construction orders rebounded in July on strong housing demand, but actual output and employment continued a record 15-month decline, highlighting persistent industry weakness.
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