---
title: "Bank of America: Expects November non-farm employment to significantly exceed previous values"
description: "Bank of America economists stated that the employment report for November will be released on Friday, and investors should pay attention to the growth rate over the past two months, especially conside"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/221304269.md"
published_at: "2024-12-03T15:07:20.000Z"
---

# Bank of America: Expects November non-farm employment to significantly exceed previous values

> Bank of America economists stated that the employment report for November will be released on Friday, and investors should pay attention to the growth rate over the past two months, especially considering the significant risk of revisions to the October data. A survey by The Wall Street Journal indicates that the U.S. non-farm payrolls for November are expected to show an increase of 214,000, up from 12,000 in October. Bank of America expects this number to exceed 240,000 due to the impact of hurricanes and the Boeing strike. It is also anticipated that the labor force participation rate will rebound, causing the unemployment rate to rise from 4.1% to 4.2%, in line with The Wall Street Journal's expectations. Bank of America noted that the number of unemployment claims increased due to the hurricanes but has since declined, indicating a rapid economic recovery

On December 3rd, Bank of America economists stated that the employment report for November will be released on Friday, and investors should pay attention to the growth rate over the past two months, especially considering the significant risk of revisions to the October data. A survey by The Wall Street Journal indicates that the U.S. non-farm payrolls for November are expected to increase by 214,000, up from 12,000 in October. Bank of America expects this number to exceed 240,000 due to the impact of hurricanes and the Boeing strike. It is also anticipated that the labor force participation rate will rebound, causing the unemployment rate to rise from 4.1% to 4.2%, in line with The Wall Street Journal's expectations. Bank of America noted that the number of unemployment claims increased due to the hurricanes but has since declined, indicating a rapid economic recovery

### Related Stocks

- [BAC.US - Bank of America](https://longbridge.com/en/quote/BAC.US.md)
- [BA.US - Boeing](https://longbridge.com/en/quote/BA.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Bank of America hält nun 5,49 % der Stimmrechte an Puma SE | Bank of America Corporation now holds 5.49% of the voting rights in Puma SE following a change. This information was ori | [Link](https://longbridge.com/en/news/275423231.md) |
| Amca acquires Electrocube, a premier Boeing supplier, to expand into power electronics | Amca, an aerospace and defense company, has acquired Electrocube, a key Boeing supplier, to enhance its power electronic | [Link](https://longbridge.com/en/news/275784100.md) |
| Boeing Wins Contract to Modernize C-17A Flight Decks | Boeing has secured a contract from the U.S. Air Force to modernize the flight deck of the C-17A Globemaster III. The pro | [Link](https://longbridge.com/en/news/275320997.md) |
| Bank of America Revamps Credit Cards to Achieve Consumer Profit Goal | Bank of America Revamps Credit Cards to Achieve Consumer Profit Goal | [Link](https://longbridge.com/en/news/275023798.md) |
| 'These 4 Stocks Will Rebound Once the SaaSpocalypse Ends,' Says BofA | Bank of America (BAC) identifies four enterprise software stocks poised for rebound post-'SaaSpocalypse': Snowflake (SNO | [Link](https://longbridge.com/en/news/275211852.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.