#USNonFarmPayrollReport 📊 NFP Report: Jobs Miss, but Unemployment Drops! 🇺🇸
The December US Non-Farm Payrolls (NFP) report is out, and the data is sparking fresh volatility.
The Breakdown:
Payrolls: +50K (Below the 66K forecast)
Unemployment Rate: 4.4% (Lower than the 4.5% expected)
Wages: +0.3% MoM (Steady growth)
Market Impact:
Despite fewer jobs added, the drop in unemployment to 4.4% suggests a stable labor market. Bitcoin ($BTC) remains range-bound near $90K, as the Fed is now widely expected to hold rates steady in January.
📉 Trading Tip: Watch the $88K support level. Low volatility could lead to a weekend squeeze!