According to Odaily, Nick Timiraos, often referred to as the 'Fed Whisperer,' has highlighted recent trends in U.S. private sector employment growth. In November, the six-month moving average for employment growth in the private sector slowed to 108,000, marking the lowest level for this period. This indicates a deceleration in job creation over the past half-year.
Conversely, the three-month moving average for private sector employment growth rose to 138,000, reaching its highest point since May. This suggests a recent uptick in job growth, despite the longer-term slowdown. These figures reflect the complex dynamics within the U.S. labor market, where short-term gains contrast with longer-term trends. The data provides insight into the current state of employment and may influence economic policy decisions moving forward.