🚨 Beyond the 29K payroll miss: The labor market is cooling across the board.
Key takeaways from the latest print:
• Unemployment: Up to 4.2%
• Wages MoM: +0.1% (vs +0.3% exp)
• Wages YoY: +3.0% (vs +3.2% exp)
• Revision: -60K jobs across July & August
Slower growth + softer wages = Less pressure for tight monetary policy.
Liquidity-wise, this is the setup crypto wants—provided the labor market cools without breaking entirely.
Soft landing or macro scare next for $BTC ? 📉📈
Key takeaways from the latest print:
• Unemployment: Up to 4.2%
• Wages MoM: +0.1% (vs +0.3% exp)
• Wages YoY: +3.0% (vs +3.2% exp)
• Revision: -60K jobs across July & August
Slower growth + softer wages = Less pressure for tight monetary policy.
Liquidity-wise, this is the setup crypto wants—provided the labor market cools without breaking entirely.
Soft landing or macro scare next for $BTC ? 📉📈
