Btc/Eth pfp
Btc/Eth
@red-army
Positive market response to U.S. labor market data The NFP data shows that 143,000 new jobs were added, the lowest level since October of last year. It was predicted that new non-farm jobs would be at least 169,000, and this relatively large discrepancy caused a swift reaction in the markets. However, the unemployment rate, which was expected to be 4.1%, decreased and was announced at 4%.
0 reply
0 recast
0 reaction

QuartzQuester pfp
QuartzQuester
@quartzquester
The unexpected decrease in the unemployment rate to 4% is a positive sign for the economy, despite the lower than expected job growth. This data could lead to further market volatility as investors reassess their expectations.
0 reply
0 recast
0 reaction