---
title: "Weak U.S. employment data may force the Fed to \"turn\" as December rate cut expectations rise"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/266140436.md"
description: "Louis Navellier, Chief Strategist at Navellier Investment, pointed out that the weak U.S. labor market data may force the Federal Reserve to cut interest rates in December. ADP data shows that U.S. companies are cutting 11,250 private sector jobs per week. A federal government shutdown may suppress job growth, but employment in manufacturing and construction has shown early signs of bottoming out, while the recovery in the service sector still requires more signals"
datetime: "2025-11-17T08:05:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/266140436.md)
  - [en](https://longbridge.com/en/news/266140436.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/266140436.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/266140436.md) | [繁體中文](https://longbridge.com/zh-HK/news/266140436.md)


# Weak U.S. employment data may force the Fed to "turn" as December rate cut expectations rise

Louis Navellier, Chief Strategist at Navellier Investment, pointed out in a research report that despite increasing divisions among Federal Reserve decision-makers, persistently weak labor market data may force the Fed to initiate interest rate cuts in December. ADP data shows that in the four weeks ending October 25, U.S. companies cut 11,250 private sector jobs weekly. He stated, "If ADP and the Labor Department's non-farm data continue to be weak, the Fed may be forced to lower the key interest rate."

Navellier analyzed that the federal government shutdown may have suppressed private sector job growth, as furloughed federal employees may remain cautious in their spending. "As the federal government resumes operations, private sector job growth may improve." He emphasized that current employment data in manufacturing and construction has shown initial signs of bottoming out, but the recovery in the service sector still requires clearer signals of support

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