Disaster! Major “fabricated-style” revision of U.S. employment data sparks a complete market reversal
The latest major data released on October 2 shows that America’s previously impressive non-farm employment figures have been revised sharply downward. The real state of employment has been fully exposed, completely overturning prior market expectations!
The U.S. Bureau of Labor Statistics has officially announced major adjustments: what was originally reported as a gain of 21,000 in July non-farm payrolls has now been effectively cut in half, swinging to negative—revised to a decline of 10,000. In one move, it has turned from “job growth” into “job loss.” The August data has also been drastically scaled back, shrinking from the initial value of 162,000 to 133,000, squeezing out the excess “data padding” completely. $BTC
In just two months, the total number of newly added non-farm jobs in the U.S. has been revised downward by as much as 60,000. This unexpectedly large revision firmly tears off the disguise of the U.S. labor market.
$BNB
It’s clear that the U.S. labor market is far weaker than everyone thought. The earlier economic resilience was supported by “fake data.” This revised data will also directly disrupt the Federal Reserve’s monetary policy timing, further heating up rate-cut expectations. It will have immediate impacts on the U.S. dollar, U.S. stocks, and the direction of commodities, and market volatility is very likely to keep intensifying afterward! $ETH #比特币资金费率升至10%未平仓合约回升 #美国9月非农仅增2.9万人失业率升至4.2% #以太坊基金会主网推出zkAPI
The latest major data released on October 2 shows that America’s previously impressive non-farm employment figures have been revised sharply downward. The real state of employment has been fully exposed, completely overturning prior market expectations!
The U.S. Bureau of Labor Statistics has officially announced major adjustments: what was originally reported as a gain of 21,000 in July non-farm payrolls has now been effectively cut in half, swinging to negative—revised to a decline of 10,000. In one move, it has turned from “job growth” into “job loss.” The August data has also been drastically scaled back, shrinking from the initial value of 162,000 to 133,000, squeezing out the excess “data padding” completely. $BTC
In just two months, the total number of newly added non-farm jobs in the U.S. has been revised downward by as much as 60,000. This unexpectedly large revision firmly tears off the disguise of the U.S. labor market.
$BNB
It’s clear that the U.S. labor market is far weaker than everyone thought. The earlier economic resilience was supported by “fake data.” This revised data will also directly disrupt the Federal Reserve’s monetary policy timing, further heating up rate-cut expectations. It will have immediate impacts on the U.S. dollar, U.S. stocks, and the direction of commodities, and market volatility is very likely to keep intensifying afterward! $ETH #比特币资金费率升至10%未平仓合约回升 #美国9月非农仅增2.9万人失业率升至4.2% #以太坊基金会主网推出zkAPI
