00:00It's Benzinga bringing Wall Street to Main Street.
00:02The federal government released delayed jobs and retail sales reports after a 43-day shutdown,
00:08offering a mixed snapshot of the economy, according to ABC News.
00:12The Bureau of Labor Statistics said the U.S. added 64,000 jobs in November,
00:17down from 119,000 in September, while unemployment rose to 4.6 percent,
00:23its highest level since 2021.
00:26Laura Ulrich of Indeed Hiring Lab said the jobs report suggests the labor market
00:30may be turning colder after a long cooling period, but warned the incomplete data requires caution.
00:37Mark Blythe, professor of political economy at Brown University,
00:40said the newly released economic data should be viewed with heavy skepticism.
00:45The retail sales report showed consumer spending was flat in October,
00:49despite the start of the holiday shopping season.
00:51Ted Rossman, a senior industry analyst at Bankrate,
00:54said early holiday shopping plans failed to lift October retail sales,
00:59which remained flat from September.
01:01For all things money, visit Benzinga.com.
