Tuesday’s jobs report showed an uptick in unemployment. The unemployment rate rose to 4.6% in November from 4.4% in September.*

The Federal Reserve is expected to pause its rate-cutting campaign in January to assess the impact of cuts so far.

However, the faltering job market makes the Federal Reserve more likely to lower borrowing costs, which could boost the economy and potentially prevent a surge of unemployment.

The next Federal Reserve meeting is set for January 28-29, 2026

* finance.yahoo.com