【BlockBeats】The U.S. Bureau of Labor Statistics released revisions to key employment data. Non-farm payrolls for October were revised downward from a gain of 105,000 to a decline of 173,000, a significant drop. Similarly, November’s data was also disappointing — revised from a gain of 64,000 to 56,000, a decrease of 8,000.
What does this mean? Combining November and December, the new employment figures are 76,000 lower than previously expected. For investors concerned with macroeconomic trends, this revision sends a clear signal — the U.S. labor market is showing obvious signs of cooling.
Consecutive weak employment data often influence Federal Reserve policy expectations, which in turn can trigger chain reactions in global asset allocation. For crypto assets, such macro data revisions often serve as triggers for market sentiment volatility.
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ZKSherlock
· 01-11 09:33
actually... this employment revision is giving me serious pause about the underlying assumptions in everyone's macro models. like, -17.3k downward revision? that's not just noise—that's a systematic recalibration signal, tbh.
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bridgeOops
· 01-11 01:49
U.S. employment data continues to decline, and this correction is quite sharp... October alone saw a drop of 73,000, and it feels like the labor market is really starting to struggle.
The crypto market is likely to become more volatile again. Every time macroeconomic data is adjusted like this, it depends on how the Federal Reserve plays the game. We'll just ride the roller coaster together.
A negative of 173,000, different national conditions but the pace is indeed a bit tense. Next month's data will need to be watched.
With U.S. employment so weak, should we consider changing our asset allocation strategy... or just wait for the next Fed rate cut?
Such obvious bad news, why hasn't the crypto price responded yet? Is it still waiting for something?
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MEVSandwichVictim
· 01-10 20:24
Here we go again with the downward revisions, and this time it's pretty harsh... 173,000 directly dumped, feeling like recession expectations are getting closer.
The Federal Reserve has to cut interest rates, no way around it this time, right?
Wait, what does this mean for our crypto circle? Is it going to fall or rebound... Never mind, too complicated.
That bloodbath in October really makes sense now; only realizing it just now.
The rate cut cycle is here, everyone, hold your positions tightly.
Another "unexpected" data point, I don't believe it... those who knew in advance were already laying low.
Is the US economy really about to collapse? Or are they just fooling us into expecting a rate cut?
The employment data was revised so much all at once—Wall Street is probably just harvesting retail investors again.
With this drop, will there be any new changes in stablecoins...
Let's wait for the Federal Reserve statement; it all depends on how they phrase it.
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AirDropMissed
· 01-09 14:01
Is the Federal Reserve about to cut interest rates? This could bring some vitality to on-chain funds, and it might even signal another wave of market rally.
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staking_gramps
· 01-09 13:58
The US employment data is so disappointing, the crypto world will have to keep messing around along with it...
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LightningSentry
· 01-09 13:58
With US employment data so disappointing, the Federal Reserve must be worried now. The crypto market is about to pick up.
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MoonBoi42
· 01-09 13:57
With the US employment numbers so weak, is the crypto market about to take off?
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Blockchainiac
· 01-09 13:38
The Federal Reserve is at it again. Every time employment data is poor, they start to expect interest rate cuts. Whether this wave of crypto can take off depends on their mood.
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GasGuzzler
· 01-09 13:36
The US employment data is so disappointing that it seems the market will fluctuate next, and the crypto world will have to watch the Federal Reserve's moves.
US employment data "significantly weakens": October revised down by 173,000, only 56,000 new jobs added in November
【BlockBeats】The U.S. Bureau of Labor Statistics released revisions to key employment data. Non-farm payrolls for October were revised downward from a gain of 105,000 to a decline of 173,000, a significant drop. Similarly, November’s data was also disappointing — revised from a gain of 64,000 to 56,000, a decrease of 8,000.
What does this mean? Combining November and December, the new employment figures are 76,000 lower than previously expected. For investors concerned with macroeconomic trends, this revision sends a clear signal — the U.S. labor market is showing obvious signs of cooling.
Consecutive weak employment data often influence Federal Reserve policy expectations, which in turn can trigger chain reactions in global asset allocation. For crypto assets, such macro data revisions often serve as triggers for market sentiment volatility.