Macro

US Jobs Report Shows 189K New Positions, Unemployment at 4.1%

📖 1 min de lecture The US labor market added 189,000 jobs in January, exceeding consensus estimates of 175,000. The unemployment rate edged down to 4.1% from 4.2%, while average hourly earnings rose 0.5% month-over-month. The data suggested a resilient labor market that reduced pressure on the Fed to cut rates aggressively. Crypto markets dipped...

⏱ 1 min de lecture
⏱ 1 min de lecture
📖 1 min de lecture

The US labor market added 189,000 jobs in January, exceeding consensus estimates of 175,000. The unemployment rate edged down to 4.1% from 4.2%, while average hourly earnings rose 0.5% month-over-month. The data suggested a resilient labor market that reduced pressure on the Fed to cut rates aggressively. Crypto markets dipped slightly on the news as expectations for near-term rate cuts were pushed further out.

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