🚨 119K New Jobs… But Unemployment Also Up? 🤔 U.S. Market Update 👀
Something interesting just happened in the U.S. market 📢
The September jobs data is finally out — and it’s a bit confusing 😯
The U.S. added 119,000 new jobs, more than double what experts expected 💼✅
This shows companies are still hiring and the economy isn’t stopping yet.
But here’s the twist 😕
The unemployment rate rose to 4.4%, meaning more people are looking for jobs but haven’t found them yet. So hiring is happening, but the job market is slowly cooling 🧊📉
This report came very late ⏰ due to a government shutdown, which made it less useful for decision-makers like the Fed and traders 🧠
Market reaction? 📈
Not much changed.
Bitcoin stayed strong near $91,900 🚀
Stocks, especially tech, moved higher 💻
Yields stayed calm and the dollar edged up slightly 💰
Interest rates? 🏦
Markets still expect no rate cut in December, and this report didn’t change that view.
Big picture 🌍
The labor market is still strong, but momentum is slowing. For now, markets care more about tech earnings and rate expectations than this delayed data 📊
what you think about this ? don't forget to comment 💭
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