The latest US Jobs Data (Non-Farm Payrolls) indicates a clear slowdown in hiring activity.
In the most recent report, the US economy added around 50,000 jobs, coming below market expectations. The unemployment rate remained near 4.4%, but declining job creation signals weakening labor market momentum.
This data strengthens speculation that the Federal Reserve may consider interest rate cuts later this year to support economic growth.
For financial markets — especially crypto — weaker job data often acts as a bullish macro signal, as lower interest rates increase liquidity and investor risk appetite.
If upcoming employment reports continue to show softness, Bitcoin and altcoins could benefit from improving market sentiment.
📊 US Jobs Data Snapshot
Indicator
Latest Data
Non-Farm Payrolls
+50,000 jobs
Market Forecast
~66,000 jobs
Previous Month
~64,000 jobs
Unemployment Rate
4.4%
Wage Growth (MoM)
~0.3%
Labor Market Trend
Cooling
