The U.S. labor market appears to have continued to weaken in recent months as the government catches up on reports delayed by the shutdown in Washington, D.C.
Nonfarm payroll employment increased by 64,000 in November, according to a Tuesday morning report from the Bureau of Labor Statistics. Economists expect jobs to increase by 50,000.
The unemployment rate rose to 4.6% in November, compared with expectations for 4.4% in September.
The economy lost 105,000 jobs in October, after adding 119,000 jobs in September.
Taken together, these reports paint a weaker picture of the jobs picture than expected.
Bitcoin price Within minutes of the report, the stock gave back some of its modest overnight gains, falling to $87,000.
Before the data was released, the market expected a 75% chance of the Fed keeping interest rates unchanged at its January meeting.
