💥 SHOCKING: 🇺🇸 U.S. Posts Weakest Non-Recession Job Growth Since 2003
The U.S. labor market showed a sharp slowdown, recording the lowest annual job growth in a non-recession year since 2003.
Even though the economy avoided an official recession in 2025, total hiring lagged behind typical expansion years, with momentum slowing across multiple sectors.
Historically, such weak job growth occurs during or immediately after recessions. That it happened without a formal recession highlights underlying economic fragility, ongoing pressure from high interest rates, and softer business expansion.
Implications:
• Slower hiring increases the likelihood of Federal Reserve rate cuts, potentially weakening the dollar and boosting equities and crypto.
• At the same time, it signals softer consumer demand and potential pressure on corporate earnings.
Key markets to watch: Treasury yields, DXY, S&P 500 futures, Fed rate expectations, and upcoming payroll revisions.
