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US employment data better than expected - what does that mean for the UK?

ended 20. November 2025

Total nonfarm payroll employment edged up by 119,000 in September but has shown little change since April, the U.S. Bureau of Labor Statistics reported today. 

The unemployment rate, at 4.4 percent, changed little in September. 

Employment continued to trend up in health care, food services and drinking places, and social assistance. 

Job losses occurred in transportation and warehousing and in federal government.

  • Is this better than expected?
  • How does it affect the UK and the Pound?
  • What will be the impact on US rate policy?
  • What does it say about the US economy and the Dollar?

Responses ASAP please?

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Editor
Tony Redondo
Founder at Cosmos Currency Exchange
The 119,000 net new jobs significantly beat forecasts (50k-60k), suggesting the US job market is healthier than feared. This affects the UK primarily through two channels: Economic Confidence and Monetary Policy. A stronger US economy is generally positive for the UK, as it increases demand for British exports and boosts global market confidence, benefiting the UK financial sector. However, the strong data makes an immediate Fed interest rate cut less likely, causing the Dollar to strengthen. Consequently, the already battered and bruised Pound weakens against the Dollar, putting more pressure on the exchange rate, which is currently near a two-week low.