Employers added 64,000 jobs in November, but unemployment rate jumps to highest in 4 years

TL;DR

U.S. employers added 64,000 jobs in November, exceeding economists' forecasts.
The unemployment rate increased to 4.6% in November, the highest since September 2021.
October data showed a loss of 105,000 jobs, primarily in the federal workforce.
Job growth for August and September was revised downwards by 33,000.
Economic uncertainty, tariffs, and AI are causing employers to slow down hiring.
The Federal Reserve may view the October and November employment data with skepticism due to disruptions from the government shutdown.
The December employment data, released in early January, is expected to be a more meaningful indicator for the Fed's policy decisions.

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