🚨 US JOBS REPORT JUST SHOCKED THE MARKET! 🚨
Everyone was bracing for a weak print after Kevin Hassett's comments yesterday hinting at softer job gains ahead.
But the data delivered the COMPLETE OPPOSITE!
Unemployment rate: 4.3% (better than the expected 4.4%)
Nonfarm payrolls: +130,000 jobs in January — the strongest since April 2025!
Private sector payrolls: +172,000 (highest in a year!)
This is a solidly strong jobs report — way above expectations (forecasts were around 55k-70k).
Implications? March rate cuts are looking increasingly unlikely now. The Fed might stay on hold longer as the labor market shows resilience.
What does this mean for crypto? Stronger USD pressure incoming? Or risk-on vibes from a healthy economy?
