Yigit Taha OZTURK 
The Non-Farm Payrolls, Unemployment Rate, and Average Hourly Earnings data from the US have been released. While employment figures came in below expectations, the unemployment rate was lower than forecasted. How will the markets respond?
Non-Farm Payrolls Fell Short of Expectations
The Non-Farm Payrolls data in the US was reported at 143K, significantly below the economists’ forecast of 169K. This may indicate a slowdown in the labor market.
Unemployment Rate Declined
The US Unemployment Rate came in at 4.0%, compared to the expected 4.1%. The lower-than-expected unemployment rate suggests a resilient labor market.
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Average Hourly Earnings Increased
Workers’ Average Hourly Earnings rose by 0.5%, exceeding the 0.3% expectation. This increase in wages could intensify inflationary pressures and impact the Federal Reserve’s interest rate policy.
How Will Markets React?
- Bitcoin and crypto markets may experience volatility following the employment data.
- Lower job growth signals economic cooling, while rising wages bring inflation risks into focus.
- These figures are crucial for the FED’s rate decision in the coming months.
Market fluctuations will be closely monitored in the days ahead.
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