How the soft U.S. labor market puts pressure on the Crypto Assets marketAuthor: Bradley Peak, Source: Cointelegraph, Translated by: Shaw Jincai Finance
1. The job market is "weak rather than collapsed," and the crypto market shows signs of fatigue.
After reaching a new high in 2025, Bitcoin has struggled to maintain its upward momentum for several weeks in late November. Meanwhile, the U.S. labor market data has begun to issue another warning, not of a sudden drop in jobs, but of a clear cooling.
The unemployment rate in the United States has climbed from around 3% in 2022-2023 to about 4%, reaching its highest level in recent years. Data from the U.S. Bureau of Labor Statistics (BLS) and the Federal Reserve Economic Data (FRED) series show that the monthly growth in non-farm employment has slowed from pandemic levels to a more moderate six-figure increase. Job vacancies and the number of resignations have also decreased from their peaks in 2021 to 2022.
U.S. employment rate
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金色财经_·2025-12-02 04:15