U.S. job openings took a sharper-than-expected tumble in November, hitting their lowest level in four years according to fresh federal data. The cooling labor market signals are extending into 2025, raising fresh questions about economic momentum heading into the new year.
For crypto markets, this kind of employment weakness matters. Weaker jobs data typically keeps the Fed under pressure to ease its policy stance, which can ripple through risk assets including digital currencies. As concerns about labor market softness persist, traders are watching closely for signals on what this means for interest rates and broader economic direction.
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FloorSweeper
· 2h ago
Work data has crashed again, the Fed needs to cut interest rates, so my bag can finally breathe a sigh of relief.
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CryingOldWallet
· 01-12 22:35
Is the rate cut expectation back again? Will it really make BTC take off this time?
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NFTArchaeologis
· 01-10 23:30
With employment data declining and expectations of Fed rate cuts heating up... This cycle seems to be reenacting a certain historical script.
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Weak employment = loose liquidity, the old trick, retail investors are still guessing the direction of interest rates.
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It's a bit like the signals from that period in 2021, but this time it depends on whether the fundamentals can truly support it.
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As the labor market cools, where will the capital flow... The crypto market is starting to smell opportunity.
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In plain terms, the expectation of an economic recession is the story source for risk assets, the old tricks are starting again.
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SerumSurfer
· 01-10 23:24
The rate cut expectations are at their peak, now it's the crypto circle's turn to celebrate wildly.
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NFTHoarder
· 01-10 23:23
Damn, another rate cut expectation. Looks like BTC has a chance now.
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BearMarketNoodler
· 01-10 23:22
The expectation of interest rate cuts is back again. It's always the same routine—markets get excited for a few days and then are disappointed. A cyclical comedy.
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ThatsNotARugPull
· 01-10 23:14
The Federal Reserve is about to loosen its policies, it seems the crypto world is about to take off again... But honestly, is a massive wave of layoffs really a good thing?
U.S. job openings took a sharper-than-expected tumble in November, hitting their lowest level in four years according to fresh federal data. The cooling labor market signals are extending into 2025, raising fresh questions about economic momentum heading into the new year.
For crypto markets, this kind of employment weakness matters. Weaker jobs data typically keeps the Fed under pressure to ease its policy stance, which can ripple through risk assets including digital currencies. As concerns about labor market softness persist, traders are watching closely for signals on what this means for interest rates and broader economic direction.