[Institution: Weak labor market has become a consensus, but not enough to prompt Fed action this month] According to Jinshi reports, Jerry Templeman, Vice President of Fixed Income Research at United Capital Management, stated that due to the prolonged government shutdown causing data disruptions, today's employment report provides economists with the most insightful glimpse into the labor market in three months. We are focusing on the elevated unemployment rate—which reached a four-year high in November's employment report—and how it might influence the Federal Reserve's meeting at the end of the month. The weak labor market context supports the decision for rate cuts by the end of 2025 but has not triggered concerns sufficient to justify further rate cuts this month.