De amerikanske jobtal for november, der kommer senere i dag, ventes at vise de laveste ansættelser i et halvt år, vurderer økonomer. Tallen dækker kun de første to uger af november, hvor den nye corona-bølge satte ind. Økonomer venter, at det er sidste gang i nogle måneder, at der overhovedet vil blive tale om et væsentligt antal nyansættelser. Beskæftigelsen er i dag næsten 10 millioner under toppunktet i februar.
U.S. expected to report slowest job growth in six months
U.S. employers likely hired the fewest workers in six months in November, hindered by a resurgence in new COVID-19 cases that, together with a lack of more government relief money, threatens to reverse the recovery from the pandemic recession.
The Labor Department’s closely watched employment report on Friday will only cover the first two weeks of November, when the current wave of coronavirus infections started. Infections, hospitalizations and death rates have sky-rocketed, leading some economists to anticipate a drop in employment in December or January as more jurisdictions impose restrictions on businesses and consumers shun crowded places like restaurants.
“The November employment report may be the last ‘strong’ employment report for a while until a vaccine is widely available,” said Sam Bullard, a senior economist at Wells Fargo Securities in Charlotte, North Carolina. “The labor market is showing increased signs of stress, which could manifest itself into smaller monthly hiring gains over the winter months.”
Nonfarm payrolls likely increased by 469,000 jobs last month after rising by 638,000 in October, according to a Reuters survey of economists. That would be the smallest gain since the jobs recovery started in May and a fifth straight monthly deceleration in job gains, leaving employment 9.621 million jobs below its February peak.
It would be in line with reports on consumer spending, manufacturing and services industries that have suggested a slowdown in the recovery from the worst recession since the Great Depression. Hiring peaked 4.781 million in June.
The United States is in the midst of a fresh wave of COVID-19 infections. Nearly 200,000 new cases were reported on Wednesday and hospitalizations approached a record 100,000 patients, according to a Reuters tally of official data.
Republicans in Congress struck a more upbeat tone on Thursday during coronavirus aid talks as they pushed for a slim $500 billion measure that previously was rejected by Democrats who say more money is needed.
More than $3 trillion in government COVID-19 relief helped millions of unemployed Americans cover daily expenses and companies keep workers on payrolls, leading to record economic growth in the third quarter. The uncontrolled pandemic and lack of additional fiscal stimulus could result in the economy contracting in the first quarter of 2021.
