U.S. job growth slowed considerably in November with only 64,000 new positions added, while unemployment ticked up to 4.6%, according to government data released after the recent federal shutdown. The softer-than-expected jobs report signals potential cooling in labor market momentum, which could have ripple effects across asset markets. For crypto investors tracking macro trends, this type of employment data typically influences Federal Reserve policy direction and broader risk appetite in markets.
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StakeWhisperer
· 12-16 18:17
Wow, 64k new additions? This data must be fake. The Federal Reserve will definitely cut interest rates next.
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DevChive
· 12-16 18:17
Oh my, 64,000 new jobs? That's a pretty disappointing number. Should the Federal Reserve consider easing up?
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EthSandwichHero
· 12-16 18:01
64k position? That number is a bit eye-watering. American workers might have to eat dirt.
U.S. job growth slowed considerably in November with only 64,000 new positions added, while unemployment ticked up to 4.6%, according to government data released after the recent federal shutdown. The softer-than-expected jobs report signals potential cooling in labor market momentum, which could have ripple effects across asset markets. For crypto investors tracking macro trends, this type of employment data typically influences Federal Reserve policy direction and broader risk appetite in markets.