【January 9 News Events Key Focus List】

Tonight (Friday) at 21:30, the U.S. Department of Labor will release the December 2025 non-farm employment report. The market widely expects that the U.S. labor market continues to create jobs, but the growth rate has slowed compared to November, and the unemployment rate may decline slightly. This data is viewed as the first "return to normal" employment report following the government shutdown.

However, due to the lingering effects of the longest shutdown in history still being digested, employment data in the coming months may remain distorted. Combined with the long-standing data collection challenges faced by employment statistics, investors still face considerable difficulty in interpretation.

Market expectations: Moderate job growth, unemployment rate may decline slightly. Reuters forecasts show that December non-farm employment is expected to add 60,000 jobs, down from 64,000 in November; the unemployment rate is expected to drop from 4.6% to 4.5%#非农