#USJobsData
A long-delayed U.S. jobs report finally dropped and showed the economy adding a stronger-than-expected 119,000 jobs in September, even as unemployment quietly crept up to 4.4%—a mixed signal that landed a bit late to the party thanks to the government shutdown. Markets mostly shrugged it off since December rate-cut hopes were already fading, with traders focused more on Nvidia’s earnings glow, tech momentum, and Bitcoin holding near $91,900. In short: hiring looks sturdier than feared, cracks are forming under the surface, and the Fed is heading into its final 2025 meeting with imperfect vision—leaving investors to trade vibes, earnings, and rate expectations rather than stale data.
