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Peter Schiff Just Threw a Direct Challenge at Donald Trump — And Markets Are Watching 🔥
Today Peter Schiff publicly challenged Donald Trump to a live debateafter Trump called him a “jerk and a loser” during an inflation argument.
Schiff says inflation is still rising, while Trump insists prices are falling fast —and now Schiff wants Trump or his team to prove it in front of everyone.
This clash matters because markets react when influential voices disagree about inflation, policy direction, or US economic signals during election cycles.
If a public debate actually happens, expect volatility in dollar strength,risk assets, and investor sentiment leading into early-2026 decision windows.
#PeterSchiff #presidentTrump #USEconomics
Today Peter Schiff publicly challenged Donald Trump to a live debateafter Trump called him a “jerk and a loser” during an inflation argument.
Schiff says inflation is still rising, while Trump insists prices are falling fast —and now Schiff wants Trump or his team to prove it in front of everyone.
This clash matters because markets react when influential voices disagree about inflation, policy direction, or US economic signals during election cycles.
If a public debate actually happens, expect volatility in dollar strength,risk assets, and investor sentiment leading into early-2026 decision windows.
#PeterSchiff #presidentTrump #USEconomics
👀👀👉 Services PMI November 2025 ISM
The November 2025 ISM Services PMI report shows the U.S. services sector expanding steadily with a PMI of 52.6%, indicating ongoing economic growth. Business activity increased along with new orders, while employment contracted slightly but showed signs of improvement. Supply chain delays persisted, influenced by tariffs and a government shutdown, yet prices paid by services organizations eased compared to previous months.
This positive trend points to a modest but stable recovery in services, despite some challenges such as tariffs and labor shortages. Key industries like retail trade, arts, and health care led growth, while construction and transportation faced contractions. Inventory levels returned to expansion, suggesting firms are restocking amid increasing demand.
Overall, the ISM Services PMI indicates continued expansion in the U.S. services economy, contributing positively to GDP growth in late 2025.
#USEconomics
The November 2025 ISM Services PMI report shows the U.S. services sector expanding steadily with a PMI of 52.6%, indicating ongoing economic growth. Business activity increased along with new orders, while employment contracted slightly but showed signs of improvement. Supply chain delays persisted, influenced by tariffs and a government shutdown, yet prices paid by services organizations eased compared to previous months.
This positive trend points to a modest but stable recovery in services, despite some challenges such as tariffs and labor shortages. Key industries like retail trade, arts, and health care led growth, while construction and transportation faced contractions. Inventory levels returned to expansion, suggesting firms are restocking amid increasing demand.
Overall, the ISM Services PMI indicates continued expansion in the U.S. services economy, contributing positively to GDP growth in late 2025.
#USEconomics
👀👀👉New Home Prices Below Existing Homes: A Sign of Economic Shifts
Following the historic shift where new home prices have fallen below those of existing homes in the United States, this development reveals important insights into the state of the economy today.
The housing market faces notable slowdowns driven largely by high interest rates, which have suppressed buyer demand. With mortgage rates lingering near 6%, many potential buyers find it challenging to afford new mortgages. This environment has pushed homebuilders to lower prices and offer incentives in order to attract buyers, resulting in new homes being priced below existing ones for the first time.
A significant supply-demand imbalance has also emerged. Many homeowners are staying put to hold onto low-rate mortgages secured in previous years, limiting the supply of existing homes for sale. This "lock-in" effect restricts market inventory, supporting or pushing up existing home prices even as builders reduce prices to move new inventory.
Broader economic signals show slowing growth, cautious consumer sentiment, and weaker job creation, especially in high-income sectors important for housing demand. This has weakened buyer confidence and contributed to subdued demand for new homes. Meanwhile, inflation remains above the Federal Reserve's target, adding further uncertainty.
Despite rising incomes outpacing inflation and some stock market wealth supporting home prices, the overall housing market shows signs of stagnation. New construction has slowed, and builder confidence remains low. This price inversion between new and existing homes highlights a fragile economy characterized by rising borrowing costs, cautious consumers, and disrupted housing supply dynamics.
In summary, this market condition signals persistent challenges for both the housing sector and the broader economy. Growth is likely to remain subdued until interest rates ease and housing market conditions stabilize.
#USEconomics
Following the historic shift where new home prices have fallen below those of existing homes in the United States, this development reveals important insights into the state of the economy today.
The housing market faces notable slowdowns driven largely by high interest rates, which have suppressed buyer demand. With mortgage rates lingering near 6%, many potential buyers find it challenging to afford new mortgages. This environment has pushed homebuilders to lower prices and offer incentives in order to attract buyers, resulting in new homes being priced below existing ones for the first time.
A significant supply-demand imbalance has also emerged. Many homeowners are staying put to hold onto low-rate mortgages secured in previous years, limiting the supply of existing homes for sale. This "lock-in" effect restricts market inventory, supporting or pushing up existing home prices even as builders reduce prices to move new inventory.
Broader economic signals show slowing growth, cautious consumer sentiment, and weaker job creation, especially in high-income sectors important for housing demand. This has weakened buyer confidence and contributed to subdued demand for new homes. Meanwhile, inflation remains above the Federal Reserve's target, adding further uncertainty.
Despite rising incomes outpacing inflation and some stock market wealth supporting home prices, the overall housing market shows signs of stagnation. New construction has slowed, and builder confidence remains low. This price inversion between new and existing homes highlights a fragile economy characterized by rising borrowing costs, cautious consumers, and disrupted housing supply dynamics.
In summary, this market condition signals persistent challenges for both the housing sector and the broader economy. Growth is likely to remain subdued until interest rates ease and housing market conditions stabilize.
#USEconomics
US economy can influence market movements and Federal Reserve decisions.
Inflation Data:
* Consumer Price Index (CPI): The next CPI report for May 2025 is scheduled for release on Wednesday, June 11, 2025, at 8:30 AM ET.
* Personal Consumption Expenditures (PCE) Price Index: The next PCE price index release (which is the Federal Reserve's preferred inflation gauge) is for May 2025 and is scheduled for Friday, June 27, 2025.
Employment Data:
* The Employment Situation (Jobs Report/Nonfarm Payrolls): The report for May 2025 was just released on Friday, June 6, 2025. The next report, covering June 2025 data, is scheduled for Wednesday, July 3, 2025, at 8:30 AM ET.
Other Key Data (Upcoming within the next week):
* Monday, June 9, 2025:
* Wholesale Inventories (April)
* Consumer Inflation Expectations (May)
* Tuesday, June 10, 2025:
* NFIB Business Optimism Index (May)
* Wednesday, June 11, 2025:
* EIA Crude Oil Stock Change (June 6)
* Thursday, June 12, 2025:
* Initial and Continuing Jobless Claims
* Mortgage Rates
* Friday, June 13, 2025:
* Michigan Consumer Sentiment (Prelim June)
* Michigan 5-Year Inflation Expectations (Prelim June)
Important Notes:
* Times are generally Eastern Time (ET) unless otherwise specified.
* Release dates can sometimes be subject to minor changes. It's always a good idea to check official sources like the Bureau of Labor Statistics (BLS) and the Bureau of Economic Analysis (BEA) for the most up-to-date schedules.
* Impact: These economic reports are closely watched by investors, analysts, and policymakers as they provide insights into the health of the us economy.
#USEconomics $ETH
* Consumer Price Index (CPI): The next CPI report for May 2025 is scheduled for release on Wednesday, June 11, 2025, at 8:30 AM ET.
* Personal Consumption Expenditures (PCE) Price Index: The next PCE price index release (which is the Federal Reserve's preferred inflation gauge) is for May 2025 and is scheduled for Friday, June 27, 2025.
Employment Data:
* The Employment Situation (Jobs Report/Nonfarm Payrolls): The report for May 2025 was just released on Friday, June 6, 2025. The next report, covering June 2025 data, is scheduled for Wednesday, July 3, 2025, at 8:30 AM ET.
Other Key Data (Upcoming within the next week):
* Monday, June 9, 2025:
* Wholesale Inventories (April)
* Consumer Inflation Expectations (May)
* Tuesday, June 10, 2025:
* NFIB Business Optimism Index (May)
* Wednesday, June 11, 2025:
* EIA Crude Oil Stock Change (June 6)
* Thursday, June 12, 2025:
* Initial and Continuing Jobless Claims
* Mortgage Rates
* Friday, June 13, 2025:
* Michigan Consumer Sentiment (Prelim June)
* Michigan 5-Year Inflation Expectations (Prelim June)
Important Notes:
* Times are generally Eastern Time (ET) unless otherwise specified.
* Release dates can sometimes be subject to minor changes. It's always a good idea to check official sources like the Bureau of Labor Statistics (BLS) and the Bureau of Economic Analysis (BEA) for the most up-to-date schedules.
* Impact: These economic reports are closely watched by investors, analysts, and policymakers as they provide insights into the health of the us economy.
#USEconomics $ETH
📊 U.S. Economy Flash Alert — Q2 Data Just Dropped! 🇺🇸
Here’s what the markets are watching closely:
🔸 Core PCE Price Index (QoQ, Annualized)
📈 Actual: 2.5%
📉 Expected: 2.3%
🕰️ Previous: 3.5%
🔍 Inflation is easing, but still running a touch hotter than forecasts.
🔸 Real GDP Growth (QoQ, Annualized)
🚀 Actual: 3.0%
📊 Expected: 2.4%
🔻 Previous: -0.5%
📢 Big bounce back in growth — economy showing real strength!
💡 Market Impact?
The Fed’s next rate decision could be shaped by this data. Inflation is cooling, but growth is heating up. Expect 📈 volatility, sharp moves in stocks, bonds, and crypto. Stay ready! 🔥
#USEconomics #EthereumTurns10 #US-EUTradeAgreement #BinanceHODLerTree
Here’s what the markets are watching closely:
🔸 Core PCE Price Index (QoQ, Annualized)
📈 Actual: 2.5%
📉 Expected: 2.3%
🕰️ Previous: 3.5%
🔍 Inflation is easing, but still running a touch hotter than forecasts.
🔸 Real GDP Growth (QoQ, Annualized)
🚀 Actual: 3.0%
📊 Expected: 2.4%
🔻 Previous: -0.5%
📢 Big bounce back in growth — economy showing real strength!
💡 Market Impact?
The Fed’s next rate decision could be shaped by this data. Inflation is cooling, but growth is heating up. Expect 📈 volatility, sharp moves in stocks, bonds, and crypto. Stay ready! 🔥
#USEconomics #EthereumTurns10 #US-EUTradeAgreement #BinanceHODLerTree
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The Economic Paradox of the U.S.: Why is the market rising when GDP is falling?
#Fed #USEconomics
The world of finance in mid-2025 presents investors with a real puzzle. While macroeconomic reports signal a contraction of the U.S. economy — the first in three years — key stock indices such as the S&P 500 and Nasdaq 100 show strong growth and are approaching historical highs. This seemingly illogical dynamic confuses many, but with a deeper analysis, a clear picture emerges where economic reality and market psychology move in opposite directions.
The world of finance in mid-2025 presents investors with a real puzzle. While macroeconomic reports signal a contraction of the U.S. economy — the first in three years — key stock indices such as the S&P 500 and Nasdaq 100 show strong growth and are approaching historical highs. This seemingly illogical dynamic confuses many, but with a deeper analysis, a clear picture emerges where economic reality and market psychology move in opposite directions.
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How the Fed and macroeconomic data define the game in the markets
Yesterday, we tried to understand how the stock market manages to grow and set new records while macroeconomic data signals slowing and even contracting economy. Today, we will analyze fresh reports and recent statements to understand how the Federal Reserve (Fed) and the changing economic picture continue to shape this seemingly illogical scenario.
💥 BREAKING
🇺🇸 US GDP Q2 Data Released
📌 Expected: 3.0%
📌 Actual: 3.3% ✅
👉 Stronger-than-expected growth signals resilience in the economy and could influence upcoming Fed decisions.
$BTC
#GDP #USEconomics #MarketStrategies #Finance #breakingnews
🇺🇸 US GDP Q2 Data Released
📌 Expected: 3.0%
📌 Actual: 3.3% ✅
👉 Stronger-than-expected growth signals resilience in the economy and could influence upcoming Fed decisions.
$BTC
#GDP #USEconomics #MarketStrategies #Finance #breakingnews
US INITIAL JOBLESS CLAIMS:
📉 ACTUAL: 245,000
📊 FORECAST: 238,000
Higher-than-expected claims signal a cooling labor market—this adds more pressure on the Fed to move toward rate cuts.
#Economy #InterestRates #RateCuts
#USJobs #USEconomics
📉 ACTUAL: 245,000
📊 FORECAST: 238,000
Higher-than-expected claims signal a cooling labor market—this adds more pressure on the Fed to move toward rate cuts.
#Economy #InterestRates #RateCuts
#USJobs #USEconomics
👀👉Large economic reports are set for release today, October 1, 2025: the ADP National Employment Report at 8:15 a.m. ET and the ISM Manufacturing PMI at 10:00 a.m. ET.
The ADP National Employment Report offers a crucial snapshot of private sector employment trends, tracking job growth and wage changes across various industries. It is based on payroll data from over 500,000 U.S. businesses and provides a leading indicator of the broader labor market performance. Investors, policymakers, and economists closely watch this report to gauge the health of the economy and anticipate upcoming government employment data.
Following that, the ISM Manufacturing PMI report provides insights into the U.S. manufacturing sector's economic health. Compiled from monthly surveys of supply executives, this report measures activity levels in new orders, production, employment, supplier deliveries, and inventories. A reading above 50 signals expansion, while below 50 indicates contraction. The manufacturing PMI is a timely and reliable indicator of economic momentum, often reflecting changes in production and business confidence before other official economic data.
Together, these reports deliver valuable economic signals. Strong private sector job growth paired with a robust manufacturing PMI can suggest sustained economic expansion, while weaknesses in either might indicate challenges ahead. Market participants and decision-makers worldwide monitor these releases to inform investment strategies, policymaking, and economic forecasts.
Stay tuned for these key updates as they will provide essential clues on the current state and future direction of the U.S. economy.
#USEconomics
The ADP National Employment Report offers a crucial snapshot of private sector employment trends, tracking job growth and wage changes across various industries. It is based on payroll data from over 500,000 U.S. businesses and provides a leading indicator of the broader labor market performance. Investors, policymakers, and economists closely watch this report to gauge the health of the economy and anticipate upcoming government employment data.
Following that, the ISM Manufacturing PMI report provides insights into the U.S. manufacturing sector's economic health. Compiled from monthly surveys of supply executives, this report measures activity levels in new orders, production, employment, supplier deliveries, and inventories. A reading above 50 signals expansion, while below 50 indicates contraction. The manufacturing PMI is a timely and reliable indicator of economic momentum, often reflecting changes in production and business confidence before other official economic data.
Together, these reports deliver valuable economic signals. Strong private sector job growth paired with a robust manufacturing PMI can suggest sustained economic expansion, while weaknesses in either might indicate challenges ahead. Market participants and decision-makers worldwide monitor these releases to inform investment strategies, policymaking, and economic forecasts.
Stay tuned for these key updates as they will provide essential clues on the current state and future direction of the U.S. economy.
#USEconomics
My Assets Distribution
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18.15%
👀👀👉For the first time in history, new homes in the United States are selling at prices lower than existing homes.
In the second quarter of 2025, the median price of a new single-family home was about $410,800, which is nearly $18,600 less than the median price for an existing home at $429,400. This unprecedented inversion reflects a significant change in the housing market.
Traditionally, new homes have always been more expensive due to modern amenities, customization options, and rising building costs. However, builders have now reduced prices and offered incentives to attract buyers amid weak demand and rising inventory. Additionally, the sizes of new homes have become smaller and more affordable. Meanwhile, prices for existing homes have steadily increased, supported by limited supply and homeowners holding on to favorable mortgage terms.
This trend marks a major shift in the market dynamic and is expected to continue for some time as builders adjust their strategies. It highlights broader economic challenges buyers face today and signals important changes in how new housing inventory will be priced and sold moving forward.
#USEconomics
In the second quarter of 2025, the median price of a new single-family home was about $410,800, which is nearly $18,600 less than the median price for an existing home at $429,400. This unprecedented inversion reflects a significant change in the housing market.
Traditionally, new homes have always been more expensive due to modern amenities, customization options, and rising building costs. However, builders have now reduced prices and offered incentives to attract buyers amid weak demand and rising inventory. Additionally, the sizes of new homes have become smaller and more affordable. Meanwhile, prices for existing homes have steadily increased, supported by limited supply and homeowners holding on to favorable mortgage terms.
This trend marks a major shift in the market dynamic and is expected to continue for some time as builders adjust their strategies. It highlights broader economic challenges buyers face today and signals important changes in how new housing inventory will be priced and sold moving forward.
#USEconomics
#USElectronicsTariffs
🚨 #USElectronicsTariffs & Crypto: Navigate Market Shifts Like a Pro!🚨
The U.S. just announced new tariffs on electronics imports—a move rippling across global markets 🌍. While this targets tech giants, crypto traders must stay alert! Here’s why $BTC and altcoins could feel the heat—and how Binance equips you to adapt:
🔥 Key Impacts to Watch
- Tech Sector Volatility: Tariffs may squeeze corporate earnings, spooking equity markets. Historically, crypto acts as a hedge during equity sell-offs—could this spark a BTC rally? 📈
- Supply Chain Disruptions: Electronics shortages might slow mining hardware production, impacting Bitcoin’s hash rate. Stay ahead with Binance Futures to hedge risks! ⚡
- Regulatory Crossfire: As U.S. policies tighten, Binance.US gears up for a 2025 resurgence with restored USD services, proving resilience amid regulatory storms .
✅ Binance Tools to Master Uncertainty
- Conditional Orders: Use Post-Only or Iceberg Orders to execute large trades without spooking the market .
- Automated Bots: Deploy strategies via TradersPost integration to capitalize on volatility 24/7 .
- Staking & Earn: Park assets in Binance Earn for passive yields while waiting for clearer trends 🛡️.
⚠️ Pro Tip: Pair tariff news with macro signals (Fed rates, geopolitics). Diversify into stablecoins like $USDT during turbulence!
🗳️ Community Pulse:
Will tariffs push investors toward crypto as a safe haven?
✅ Yes – Digital gold 2.0!
❌ No – Regulation fears dominate.
Vote below! 👇
📌 Why Binance?
- Zero Slippage: Trade seamlessly even during volatility spikes.
- SAFU Fund: Your assets are 1:1 backed + $1B insurance .
- Global Liquidity: Access 500+ pairs to pivot strategies instantly 🌐.
#USEconomics #CryptoStrategy #USElectronicsTariffs
(Stay sharp, stay informed. DYOR!) 🔍
🚨 #USElectronicsTariffs & Crypto: Navigate Market Shifts Like a Pro!🚨
The U.S. just announced new tariffs on electronics imports—a move rippling across global markets 🌍. While this targets tech giants, crypto traders must stay alert! Here’s why $BTC and altcoins could feel the heat—and how Binance equips you to adapt:
🔥 Key Impacts to Watch
- Tech Sector Volatility: Tariffs may squeeze corporate earnings, spooking equity markets. Historically, crypto acts as a hedge during equity sell-offs—could this spark a BTC rally? 📈
- Supply Chain Disruptions: Electronics shortages might slow mining hardware production, impacting Bitcoin’s hash rate. Stay ahead with Binance Futures to hedge risks! ⚡
- Regulatory Crossfire: As U.S. policies tighten, Binance.US gears up for a 2025 resurgence with restored USD services, proving resilience amid regulatory storms .
✅ Binance Tools to Master Uncertainty
- Conditional Orders: Use Post-Only or Iceberg Orders to execute large trades without spooking the market .
- Automated Bots: Deploy strategies via TradersPost integration to capitalize on volatility 24/7 .
- Staking & Earn: Park assets in Binance Earn for passive yields while waiting for clearer trends 🛡️.
⚠️ Pro Tip: Pair tariff news with macro signals (Fed rates, geopolitics). Diversify into stablecoins like $USDT during turbulence!
🗳️ Community Pulse:
Will tariffs push investors toward crypto as a safe haven?
✅ Yes – Digital gold 2.0!
❌ No – Regulation fears dominate.
Vote below! 👇
📌 Why Binance?
- Zero Slippage: Trade seamlessly even during volatility spikes.
- SAFU Fund: Your assets are 1:1 backed + $1B insurance .
- Global Liquidity: Access 500+ pairs to pivot strategies instantly 🌐.
#USEconomics #CryptoStrategy #USElectronicsTariffs
(Stay sharp, stay informed. DYOR!) 🔍
Goldman Sachs: U.S. Stock Market Rally Poised to Broaden with Fed Cuts Ahead
Goldman Sachs strategists project the U.S. equities rally will keep pushing higher. While mega-cap stocks have led the charge, most S&P 500 companies remain below their peaks. With Fed rate cuts expected and corporate earnings improving, analysts see small-caps and undervalued sectors joining the rally in the months ahead.
#StockMarketSuccess
#FederalReserve
#USEconomics
#Investing
#Equities
Goldman Sachs strategists project the U.S. equities rally will keep pushing higher. While mega-cap stocks have led the charge, most S&P 500 companies remain below their peaks. With Fed rate cuts expected and corporate earnings improving, analysts see small-caps and undervalued sectors joining the rally in the months ahead.
#StockMarketSuccess
#FederalReserve
#USEconomics
#Investing
#Equities
Breaking: Federal Reserve Signals Potential Rate Cut Markets React
In recent remarks, Fed Chair Jerome H. Powell flagged that forthcoming monetary policy changes remain “data-dependent,” while highlighting that the U.S. labor market is showing signs of cooling and that the central bank’s balance-sheet reduction (quantitative tightening) may be nearing its end.
🔍 What’s the Context?
Economic signals point to weaker hiring and softening job growth, despite inflation remaining above the Fed’s 2% target.
Policymakers continue to approach rate decisions cautiously, stressing there is no automatic path for cuts.
Markets are now pricing in additional rate cuts by year-end — but nothing is locked in yet.
💡 Why Crypto & Markets Should Take Notice
A rate cut by the Fed could:
Lower borrowing costs and inject fresh liquidity into financial markets
Improve risk appetite, benefiting assets like stocks and cryptocurrencies
Weaken the U.S. dollar, potentially increasing demand for alternative assets
📉 Next Key Milestones
The Fed’s upcoming meeting and policy statement, where projections and updated guidance may be released
Employment and inflation reports — the data the Fed is closely watching before shifting policy
How markets react to Powell’s commentary and any hints of timing for cuts
🔒 Bottom Line
This isn’t confirmation that rate cuts are right around the corner but it is a clear shift in tone toward potential easing. For investors and crypto traders, this means staying alert: if the Fed moves, it could mark the beginning of a new phase for risk assets and macro markets alike.
#FederalReserve #JeromePowell #interestrates #CryptoMarket #USEconomics
👀👀👉Trump "We have almost no inflation"
At the White House meeting with Hungarian Prime Minister Viktor Orbán on November 7, 2025, President Donald Trump made this economic claim, stating, "We have almost no inflation," and projected that inflation may drop to as low as 1%. Trump has emphasized before that prices, including groceries and energy costs, are trending downward under his administration, highlighting improvements in affordability for American families.
During the meeting with Orbán, which also centered on economic cooperation and Hungary’s reliance on Russian oil, Trump used the occasion to reinforce his economic message, aiming to assure both domestic and international audiences that the U.S. economy is on a strong, improving trajectory.
#USEconomics
At the White House meeting with Hungarian Prime Minister Viktor Orbán on November 7, 2025, President Donald Trump made this economic claim, stating, "We have almost no inflation," and projected that inflation may drop to as low as 1%. Trump has emphasized before that prices, including groceries and energy costs, are trending downward under his administration, highlighting improvements in affordability for American families.
During the meeting with Orbán, which also centered on economic cooperation and Hungary’s reliance on Russian oil, Trump used the occasion to reinforce his economic message, aiming to assure both domestic and international audiences that the U.S. economy is on a strong, improving trajectory.
#USEconomics
Economic calendar for this upcoming week
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#EconomicAlert #EconomicInsights #Market_Update #USEconomics #world
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#EconomicAlert #EconomicInsights #Market_Update #USEconomics #world
🇺🇸 BREAKING: U.S. Adds 139K Jobs in May – Market Reacts Positively
The U.S. economy added 139,000 jobs in May, slightly surpassing expectations of 125,000. The unemployment rate held steady at 4.2%, while average hourly wages rose by 0.4%, marking a 3.9% increase year-over-year.
Key Highlights:
Sector Performance: Healthcare led with 62,000 new jobs, followed by leisure and hospitality with 48,000.
Government Employment: The federal government shed 22,000 jobs, the most since November 2020.
Labor Force Participation: The participation rate declined by 0.2% to 62.4%, indicating a slight decrease in the workforce.
Despite the solid job gains, revisions to previous months' data and a shrinking labor force suggest a cooling labor market. Markets responded positively, with major indices posting gains. #USA #CryptoNewss #USEconomics #BinanceSquare
The U.S. economy added 139,000 jobs in May, slightly surpassing expectations of 125,000. The unemployment rate held steady at 4.2%, while average hourly wages rose by 0.4%, marking a 3.9% increase year-over-year.
Key Highlights:
Sector Performance: Healthcare led with 62,000 new jobs, followed by leisure and hospitality with 48,000.
Government Employment: The federal government shed 22,000 jobs, the most since November 2020.
Labor Force Participation: The participation rate declined by 0.2% to 62.4%, indicating a slight decrease in the workforce.
Despite the solid job gains, revisions to previous months' data and a shrinking labor force suggest a cooling labor market. Markets responded positively, with major indices posting gains. #USA #CryptoNewss #USEconomics #BinanceSquare
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