BlockBeats News, February 11 — Due to a temporary suspension by some government departments, the U.S. January non-farm payroll report, originally scheduled for release last Friday, has been postponed to this Wednesday. Previously, several “secondary” employment indicators showed weakness, raising concerns in the market about a slowdown in employment growth.
Data shows that January ADP employment growth was weak, and Challenger layoffs increased significantly; the four-week moving average of initial unemployment claims rose as of the end of January; December JOLTS job openings fell to their lowest level in nearly five years. However, the ISM manufacturing and services employment indices performed relatively steadily, somewhat easing pessimistic expectations.
Ahead of the non-farm payroll release, White House officials have been actively guiding market expectations. White House senior trade advisor Peter Navarro stated that the market should “significantly lower” its expectations for monthly employment data, believing that in the current context of deporting illegal immigrants and shrinking labor force, an employment increase of about 50,000 per month can be considered “stable,” and should no longer be compared to the six-figure increases during Biden’s administration.
Kevin Hasset, director of the White House National Economic Council, also said that employment data might appear weaker due to a decline in the labor force, but this is not inconsistent with strong GDP growth and productivity improvements, and the market should not panic excessively.
Additionally, the final revision of the 2025 employment baseline data is also noteworthy. Preliminary data previously showed employment figures revised downward by nearly one million, causing market volatility. As non-farm data approaches, the market’s judgment on the Federal Reserve’s policy path and the true strength of the employment market may face a critical test.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC 15-minute decline of 0.70%: On-chain large transfers and macro bearish signals resonate, triggering short-term selling pressure
From 18:00 to 18:15 (UTC) on March 10, 2026, BTC experienced a significant price fluctuation, with a 15-minute return of -0.70%. The price range was 70366.3-70915.0 USDT, with an amplitude of 0.77%. During the same period, trading volume increased by 18% compared to the previous hour's average, and the order book depth temporarily narrowed, indicating increased market volatility and heightened attention.
The main drivers of this fluctuation were multiple large on-chain fund transfers and macro news resonance. Between 18:03 and 18:12, there were several on-chain transactions exceeding 500
GateNews20m ago
EIA significantly raises oil price forecasts for 2026-2027, with Brent crude expected to reach $78.84 per barrel in 2026.
The U.S. Energy Information Administration (EIA) significantly raised its oil price forecasts for 2026-2027 in the Short-Term Energy Outlook report released on March 11, with both Brent and WTI crude oil prices increasing notably.
GateNews2h ago
Bank of America: Continued oil price shocks could create conditions for the Federal Reserve's easing policies
A report from Bank of America指出, rising oil prices have been viewed as an inflation threat, but supply shocks pose a dual risk to the Federal Reserve's mission. Compared to 2022, current economic demand has slowed, and if oil price shocks persist, they could prompt the Fed to adopt an accommodative monetary policy.
GateNews3h ago
Crypto and TradFi Divergence Defines 2026 Market Resilience Amidst Bitcoin Sell-Off
March 2026 as traditional equities and digital assets fell sharply apart. In the first quarter A decoupling is being witnessed that challenges the notion of Bitcoin as a high-beta proxy for the stock market. After a year-end sell-off and a plunge from its 2025 highs, the S&P 500 (SPX) has shown
BlockChainReporter3h ago
The International Energy Agency will hold a meeting of member countries on Tuesday to discuss releasing oil reserves.
Gate News Announcement, March 10 — International Energy Agency (IEA) Director Fatih Birol stated that the IEA will hold a meeting of member governments on Tuesday (March 11) to discuss supply issues. The meeting will decide whether to release oil reserves.
GateNews4h ago
Crude oil futures continue to decline, with analysts saying the key is the timeline for the resumption of navigation through the Strait of Hormuz.
On March 10th, Trump hinted that the Iran war could end quickly, causing crude oil futures to retreat. Saudi Arabia increasing the capacity of the East-West pipeline may help the market, but the key to oil prices lies in the safe passage through the Strait of Hormuz. Short-term production halts at Middle Eastern oil fields have little structural impact, but prolonged shutdowns face recovery challenges.
GateNews4h ago
