🇺🇸 U.S. Jobs Data Just Dropped — But the Real Signal Is Under the Surface:
📌 November Payrolls Beat Expectations • +64K jobs added vs ~40K expected
At first glance, the labor market looks resilient.$ETH
📉 However, revisions change the picture • October data was revised sharply lower to –105K jobs, wiping out earlier strength and signaling fading momentum.
📈 Unemployment is rising • Jobless rate increased to 4.6%, the highest level in over 4 years and above market forecasts.
📊 Market Interpretation Headline numbers look decent, but rising unemployment and negative revisions point to a cooling labor market. Hiring is slowing, slack is building, and economic momentum is easing beneath the surface.$XRP
🏦 Fed Outlook This data strengthens the case for a wait-and-watch Federal Reserve, effectively ruling out a January rate cut while policymakers assess labor conditions and inflation risks.
📉 Crypto Reaction • BTC holding steady near key levels
• ETH facing short-term pressure as macro uncertainty lingers
🔍 Bottom Line Strong headlines don’t tell the full story. The trend matters more—and right now, the trend suggests caution.
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