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Showing posts with the label unemployment rate

US Economy Added 139,000 Jobs in May, Higher Than Expectations

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US jobs in May totaled 139,000 new positions, and this represents a job growth slowdown from April’s 177,000 additions. However, this beat economist forecasts of around 125,000. The unemployment rate held steady at 4.2%, but recession fears are mounting as crypto market reaction shows increased volatility amid broader economic concerns. JUST IN: US economy added 139,000 jobs in May, higher than expectations. — Watcher.Guru (@WatcherGuru) June 6, 2025 Also Read: Japan’s $1.1 Trillion in US Treasuries: A New Weapon in Economic Warfare US Jobs in May Signal Hiring Shift, Crypto & Recession Risks Source: Watcher.Guru The US jobs in May data reveals some concerning trends as job growth slowdown becomes more evident across various sectors. Federal workforce cuts accelerated during the month while private sectors like healthcare and leisure drove most of the hiring gains. Federal job losses hit 22,000 positions in May alone, and this brings the total cuts to 59,000 since January. These ...

US Economy Adds 177,000 Jobs in April, Beating Expectations

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In what could be a major development for the country, the US economy has added 177,000 jobs in April. Indeed, the data came in well above the 138,000 added jobs that had been expected, although still a fall from 228,000 in March. All eyes are on the data as the United States stands in an increasingly fragile state economically. The US stock market has been increasingly volatile throughout the month of April. Moreover, markets are increasingly concerned about a brewing trade war with China that could soon affect domestic prices. JUST IN: US economy added 177,000 jobs in April, more than expected. — Watcher.Guru (@WatcherGuru) May 2, 2025 Also Read: Top Economist Warns of US Economic Meltdown US Economy Boasts Notable Job Growth as It Beats Out Expectations Just three months into the year, uncertainty has been the prevailing theme for the US economy. With the country unveiling its America-first tariff plan in early April, there has been continued concern over how it could impact the cou...

US Jobs On A Decline: Ripple Effect For Bitcoin, Altcoins?

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The U.S experienced the largest decline in job openings in August 2022 as the markets lost $9 trillion in value. The job openings decreased by 6.2%, which is the biggest slump since April 2020 due to the Covid-19 lockdown era. The 6. 2% job decline is considered to be the second largest decline ever recorded in American history. Several sectors are now showing the least vacancies with demand for labor decreasing in the United States. The development will spill over to the crypto markets in the coming future and may affect Bitcoin and Altcoins in particular. Also Read: Bitcoin Doomsday Prediction: BTC Could Plummet to $3,500 Next Will Declining Jobs Affect Bitcoin & The Crypto Markets? Source: NewsBTC The US experienced negative GDP for three consecutive quarters in 2022 making it fall into the term of a technical recession. However, despite the decline in available jobs, the US unemployment rate stands strong at 3.7%. Nonetheless, the decrease in job openings si...