According to data releaed by the US Department of Labor, the US non-farm payroll increased by 245,000 after the seasonal adjustment in November, the fifth consecutive monthly of decline. It is expected to be 469,000, and the job gains of October was revised down from 63.8 to 610,000. The unemployment rate of November was 6.7%, compared with an expected 6.8%, previous rate for October was 6.9%. The U.S. employment participation rate was 61.5% in November, compared with an expected 61.8%, and previous rate for October 61.7%. Average working hours per week is 34.8, expected 34.8, previous reading 34.8. Average hourly wages were up 4.4% from a year earlier, expected to increase by 4.3% and the previous reading 4.5%. The month-on-month increase was 0.3%, the expected increase was 0.1% and previous reading was 0.1%. The current employment situation in the United States is that the employment improvement has continued to slow down due to the absence of fiscal policy, and in the process it has been hit by another health event, which makes it even more difficult to improve the job market, which is already underpowered. Non-farm payrolls fell by a combined 21.201 million in March and April, but recovered by 11.987 million from July to November, leaving nearly half of all jobs still to be created. U.S. non-farm payrolls were weak in November, and the pace of job hiring was also significantly affected by the COVID-19 outbreak. The current situation in the US for employment is that the employment improvement has continued to slow down due to the absence of fiscal policy, and in the process, it has been hit by health incident again, which makes the improvement of the underpowered job market even more difficult. The November non-farm payrolls may be a wake-up call to the U.S. Congress, and market expectations for another round of fiscal stimulus have increased, CITIC Securities said. The Fed's attitude to current employment is also an aspect worth noting. It is recommended to pay attention to whether the Fed will give guidance in December.