隨著美國為大選和聯準會會議做準備，十月就業報告凸顯脆弱的經濟背景

10 月就業報告為美國勞動市場帶來了令人失望的震動，僅新增 12,000 個就業崗位，遠低於預期的 113,000 個。

The U.S. labor market hit a roadblock in October, with just 12,000 new jobs added, a dismal figure that fell far short of expectations and sparked concerns about the health of the economy. This tepid growth, a sharp contrast to September's adjusted gain of 223,000 jobs, comes as the nation anticipates the presidential election and a crucial Federal Reserve policy meeting.

10月美國勞動市場遭遇瓶頸，新增就業人數僅1.2萬個，這慘淡數字遠低於預期，引發了人們對經濟健康狀況的擔憂。這種不溫不火的成長與 9 月調整後的 223,000 個就業機會成長形成鮮明對比，而此時正值美國即將舉行總統大選和重要的聯準會政策會議。

The weak jobs numbers may complicate the Federal Reserve's decision, which was widely expected to announce another rate cut next week. The central bank is attempting to strike a balance between promoting growth and curbing inflation, which has remained stubbornly high.

疲軟的就業數據可能會使聯準會的決定複雜化，人們普遍預計聯準會將在下周宣布再次降息。央行正試圖在促進成長和抑制居高不下的通膨之間取得平衡。

The Bureau of Labor Statistics noted the potential impact of severe storms in the Southeast on the jobs data, although the precise extent could not be determined. Despite the weak headline, there were some positive signs. Average hourly earnings rose 0.4% for the month, outpacing September's 0.3% increase, while weekly work hours remained steady at 34.3, slightly above forecasts.

美國勞工統計局指出，東南部嚴重風暴對就業數據可能產生影響，但具體影響程度尚無法確定。儘管整體疲弱，但還是出現了一些正面的跡象。本月平均時薪成長 0.4%，超過 9 月 0.3% 的增幅，而每週工作時間穩定在 34.3 小時，略高於預期。

The Trump campaign wasted no time in seizing upon the disappointing jobs report, presenting it as a sign of economic mismanagement. “This jobs report is a catastrophe and definitively reveals how badly Kamala Harris broke our economy,” the campaign stated, seeking to pin the blame for sluggish growth on the administration.

川普競選團隊立即抓住令人失望的就業報告，將其視為經濟管理不善的跡象。競選團隊表示，“這份就業報告是一場災難，明確揭示了卡馬拉·哈里斯對我們的經濟造成了多麼嚴重的破壞”，並試圖將經濟成長低迷的責任歸咎於政府。

On the other hand, the White House's Council of Economic Advisers attempted to provide a broader perspective on the jobs numbers, highlighting “distortionary factors” such as hurricanes and the Boeing strike. The Council noted that hurricanes caused an estimated 460,000 people to miss work, a key factor in October's slowdown.

另一方面，白宮經濟顧問委員會試圖對就業數據提供更廣泛的視角，強調颶風和波音罷工等「扭曲因素」。該委員會指出，颶風導致估計 46 萬人失業，這是 10 月經濟放緩的關鍵因素。

“When the data signal gets jammed, look to the underlying trend,” the Council stated in a blog post, suggesting that the recent jobs numbers may not fully capture the broader economic状況.

該委員會在一篇部落格文章中表示：「當數據訊號受到干擾時，請關注潛在趨勢。」這表明最近的就業數據可能無法完全反映更廣泛的經濟狀況。

President Joe Biden also acknowledged the impact of external challenges on the October jobs figures, describing the effects of “storm devastation” and strikes as temporary obstacles. “Job growth is expected to rebound in November as our hurricane recovery and rebuilding efforts continue,” Biden said, expressing optimism for the months ahead.

總統拜登也承認外部挑戰對十月份就業數據的影響，並將「風暴破壞」和罷工的影響描述為暫時的障礙。拜登表示：「隨著我們的颶風恢復和重建工作繼續進行，預計 11 月就業成長將反彈。」他對未來幾個月表示樂觀。

Despite the weak report, Biden highlighted the broader trajectory of the economy, emphasizing that the U.S. has “created 16 million jobs since I took office.” However, he recognized that challenges remain.

儘管報告疲軟，拜登還是強調了更廣泛的經濟軌跡，強調美國「自我上任以來已經創造了 1,600 萬個就業機會」。然而，他承認挑戰仍然存在。

“There's more work to do. We are working every day to lower costs for working families on rent, prescription drugs, health insurance, and child care,” he added, underscoring the administration's focus on affordability for Americans.

「還有更多工作要做。我們每天都在努力降低工薪家庭的房租、處方藥、健康保險和兒童保育費用。

Bitcoin, which had seen a surge earlier in the week as crypto markets reacted to macroeconomic shifts and speculation around a second-term win for crypto-friendly Donald Trump, remained volatile but held steady around the $70,000 mark post-report. The cryptocurrency had briefly attempted to break past $73,700, but faced resistance amid market jitters.

本週早些時候，隨著加密貨幣市場對宏觀經濟變化以及對加密貨幣友好的唐納德·特朗普(Donald Trump)獲勝的猜測做出反應，比特幣出現了飆升，比特幣仍然波動較大，但在報告發布後穩定在70,000 美元大關附近。該加密貨幣曾一度試圖突破 73,700 美元，但在市場動盪中面臨阻力。

As uncertainty continues over next week's Fed moves and election outcomes, the coming days will be closely watched for potential market ripple effects, with Bitcoin now down to the $69,000 level.

由於下週聯準會舉措和選舉結果的不確定性仍然存在，未來幾天將密切關注潛在的市場連鎖反應，比特幣目前已跌至 69,000 美元的水平。