Marketplace All-in-One The November jobs report, finally
Dec 16, 2025
Mitchell Hartman, a Marketplace reporter specializing in economic and labor trends, dives into the delayed November jobs report, revealing concerns over weaker job growth from private data. He highlights Fed Chair Powell's warning about potential overestimation of job gains. Meanwhile, investigative reporter David Brand sheds light on alarming allegations against banks regarding interest calculation in foreclosure auctions. He discusses the unjust practices affecting homeowners, urging a needed legislative response in New York to standardize these calculations.
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Labor Report Likely Weaker Than Expected
- The November jobs report is delayed and likely underwhelming, with economists expecting only 40,000–50,000 jobs and a 4.4% unemployment rate.
- Private trackers suggest job losses or weaker payrolls, implying official numbers may be revised down later.
Blue-Collar Sectors Showing Strain
- Private data firms and small-business HR platforms reported retrenchment in November across blue-collar sectors and small employers.
- Sectors hit include hospitality, retail, transportation, warehousing, and manufacturing, signaling consumer pressure.
Interest Calculation Drives Big Differences
- The dispute centers on whether interest during pre-judgment delays should accrue on the judgment amount or on the unpaid principal balance.
- Lengthy delays between filings and judicial rulings let lenders add interest that can dramatically change sale proceeds.