📉 The job market has cooled — and this changes expectations!!!
The latest numbers from the U.S. job market presented a less obvious scenario than it seems at first glance.
The unemployment rate rose above expectations, while job creation came in weaker. In economic terms, this indicates a loss of momentum in activity, something that normally raises concerns.
But the market does not only look at the present.
This type of weakening:
- Increases the pressure for more accommodative monetary policy;
- Raises the probability of interest rate cuts in the coming months;
- Changes expectations even before any official decision.
📌 The key point is that economic data is not inherently good or bad.
They are pieces of a larger puzzle: growth, inflation, and interest rates.
When unemployment starts to rise consistently, the alarm signal goes off — not because of the number itself, but because of the cycle it may indicate.
🧠 The market reacts to expectations, not headlines.
