U.S. Adds 119K Jobs, Unemployment Hits 4.4% — Bitcoin Holds Firm
The U.S. added 119,000 jobs in September, beating forecasts, but the unemployment rate rose to 4.4%, according to a long-delayed government report released Thursday. The data, postponed due to the federal shutdown, offers a backward-looking view of a labor market that remains resilient but is showing signs of cooling.
Markets showed limited reaction, as December Fed rate-cut hopes were already priced out. Bitcoin held steady near $91,900, supported by strong tech earnings, while U.S. equity futures moved higher. With no fresh labor data expected until mid-December, investors continue to focus on earnings momentum and interest-rate expectations rather than delayed macro releases.
