An upcoming jobs report is expected to show a significant increase in nonfarm payrolls for November, with projections of 214,000 new jobs, rebounding from October's low of 12,000 due to disruptions from storms and strikes. The report will be crucial for the Federal Reserve ahead of its policy meeting, as it navigates between inflation concerns and employment stability. The unemployment rate is anticipated to rise to 4.2%, while average hourly earnings are expected to increase by 0.3% monthly and 3.9% annually.
