Was the November (2021) U.S. Employment Report Weak or Strong?

U.S. Employment Figures

Quick Answer. It was a pretty good report even though nonfarm payrolls came in a bit light at +210 thousand.

Everyone knows that U.S. employment data are volatile from month to month and subject to revisions. However, a good rule of thumb is that when the trend in monthly revisions is positive, it usually signals encouraging labor market conditions. …