#USNonFarmPayrollReport 🚨 **US Jobs Report Dropped – Mixed Signals Amid Shutdown Chaos** 🚨
📊 **Double Data Release Highlights:**
- October NFP: **-105K** (sharp decline, largest government cuts on record)
- November NFP: **+64K** (beats expectations of ~50K)
🔴 Key Driver: Federal government jobs plunged **-162K** in October due to deferred layoffs & shutdown effects.
📈 Unemployment Rate rises to **4.6%** – highest in 4 years.
🧐 **What’s Really Happening?**
- Private sector holding up, but overall momentum slowing
- Wage growth easing → less inflation pressure
- Labor market cooling faster than expected
🏦 **Fed Implications:**
Employment risks rising → dovish pivot more likely? Rate cuts could return to the conversation for 2026.
📉 **Market Moves:**
- USD weakening on easier money bets
- Stocks mixed with uncertainty
- Crypto eyeing opportunities – weaker jobs often fuel liquidity hopes 👀
**Bullish setup for risk assets like BTC/ETH if Fed eases?** 2026 runway looking interesting.
Cracks showing in jobs data, but private resilience intact. Watch Fed closely!
