The December employment report has just been released, and the data is indeed not very optimistic—non-farm employment increased by only 50,000 jobs, and the three-month average of private sector hiring has fallen to 29,000, the second-lowest level this year. It sounds quite alarming, right?
However, interestingly, the unemployment rate has actually decreased slightly, temporarily easing market concerns about a worsening labor market. It is precisely because of this anxiety that the Federal Reserve has cut interest rates in three consecutive meetings. The current situation is: weak hiring on one hand, but no significant deterioration in unemployment, which makes the situation a bit complicated.
From market expectations, the Federal Reserve is likely to continue observing at the January 27-28 meeting and will not take further action. But the problem is, this set of weak hiring data also means that the debate over whether the U.S. labor market is healthy or not is far from over. For us traders, the Fed’s next move directly affects liquidity and asset valuations, and the game behind this data is worth paying close attention to.
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BridgeTrustFund
· 7h ago
50,000 people? Laughs, this data really can't hold up anymore
Unemployment rate is actually going down, this logic is too absurd
The Federal Reserve will probably keep pretending to be dead, wait until January
Be careful with liquidity issues
Data conflicts, how do our orders look?
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TokenomicsShaman
· 12h ago
Fake guidance with real data, the Federal Reserve is just putting on a show.
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AirdropHarvester
· 01-11 22:22
50,000 people growth? Laughing out loud, is this what they call a soft landing? Haha
The unemployment rate actually decreasing is a bit hard to believe, the data is self-contradictory.
If the Federal Reserve really stays put, how liquidity will move remains to be seen.
With such weak hiring data, there will definitely be more drama later.
Waiting for the meeting on the 27th, this is the critical moment, everyone.
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TokenRationEater
· 01-09 17:00
It's the same contradictory data again, no matter how the Federal Reserve chooses, they get criticized.
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BasementAlchemist
· 01-09 16:57
The data is quite poor, and the Federal Reserve is still pretending to sleep... waiting to get cut.
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GamefiGreenie
· 01-09 16:57
50,000 people? Laughing to death, this will have to rely on rate cuts to survive
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Want to fool us that the unemployment rate is dropping? Just a numbers game
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The Federal Reserve continues to wait and see, which means they have no tricks left... no cards in hand
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Recruitment is so poor, liquidity is the key, gotta keep a close eye on it
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Waiting for the January end meeting, now it's just betting on whether the Fed will move
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Private sector less than 50,000, how long can this market last?
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To be honest, the decline in unemployment rate is even more suspicious... what about layoffs?
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The labor market is like this and still playing a show, traders are having a tough time
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The conflicting data is overwhelming, the market will continue to fluctuate and wait for signals
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Non-farm payrolls of 50,000 are indeed disappointing, if they don't cut rates, the market might collapse
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GasBankrupter
· 01-09 16:48
50,000 new jobs? This data is outrageous. What should the Federal Reserve do?
Want to hold and cut at the same time, this is the current awkward situation.
Unemployment rate not only doesn't rise but decreases, full of question marks, a bit hard to understand.
Waiting for the meeting on the 27th, liquidity is about to change.
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ForkItAllDay
· 01-09 16:31
The data is so bad, yet the Fed still pretends to be clueless and takes no action. Laughable. We traders should just keep eating the meat.
Hiring has collapsed, yet the unemployment rate has actually decreased? That logic is incredible. Eventually, it will rug.
An increase of 50,000 people, and I’m laughing. Is this called employment?
Another psychological battle between the Federal Reserve and the market. Whoever blinks first loses.
See the real deal next month. I bet the January meeting will still be on hold.
The December employment report has just been released, and the data is indeed not very optimistic—non-farm employment increased by only 50,000 jobs, and the three-month average of private sector hiring has fallen to 29,000, the second-lowest level this year. It sounds quite alarming, right?
However, interestingly, the unemployment rate has actually decreased slightly, temporarily easing market concerns about a worsening labor market. It is precisely because of this anxiety that the Federal Reserve has cut interest rates in three consecutive meetings. The current situation is: weak hiring on one hand, but no significant deterioration in unemployment, which makes the situation a bit complicated.
From market expectations, the Federal Reserve is likely to continue observing at the January 27-28 meeting and will not take further action. But the problem is, this set of weak hiring data also means that the debate over whether the U.S. labor market is healthy or not is far from over. For us traders, the Fed’s next move directly affects liquidity and asset valuations, and the game behind this data is worth paying close attention to.