Bank of America: Non-farm payrolls expected to exceed previous figures in November

According to the news from Mars Finance, US bank economists said that the November employment report will be released on Friday, and investors should pay attention to the growth rate over the two months, especially considering the risk of a significant revision to the October data. A Wall Street Journal survey shows that the US non-farm payrolls are expected to increase by 214,000 in November, higher than the 12,000 in October. Bank of America expects this figure to exceed 240,000 due to the impact of hurricanes and the Boeing strike. It is also expected that the labor force participation rate will rebound, causing the unemployment rate to rise from 4.1% to 4.2%, in line with the Wall Street Journal's expectations. Bank of America said that the number of unemployment claims has increased under the influence of hurricanes, but has since declined, indicating a rapid economic recovery.