AmeriVet Securities Chief of U.S. Rates Trading and Strategy Gregory Faranello stated that this is a very reliable report that supports the market's expectations for the Federal Reserve to skip this month's meeting and possibly more. This is also an important figure at the time of the transition between two administrations. The focus now shifts to inflation. With the new administration taking office, higher inflation data and a strong labor market will increase calls for interest rate hikes. (Jin Ten)