BlockBeats News, February 11 — Due to a temporary suspension by some government departments, the U.S. January non-farm payroll report, originally scheduled for release last Friday, has been postponed to this Wednesday. Previously, several “secondary” employment indicators showed weakness, raising concerns in the market about a slowdown in employment growth.
Data shows that January ADP employment growth was weak, and Challenger layoffs increased significantly; the four-week moving average of initial unemployment claims rose as of the end of January; December JOLTS job openings fell to their lowest level in nearly five years. However, the ISM manufacturing and services employment indices performed relatively steadily, somewhat easing pessimistic expectations.
Ahead of the non-farm payroll release, White House officials have been actively guiding market expectations. White House senior trade advisor Peter Navarro stated that the market should “significantly lower” its expectations for monthly employment data, believing that in the current context of deporting illegal immigrants and shrinking labor force, an employment increase of about 50,000 per month can be considered “stable,” and should no longer be compared to the six-figure increases during Biden’s administration.
Kevin Hasset, director of the White House National Economic Council, also said that employment data might appear weaker due to a decline in the labor force, but this is not inconsistent with strong GDP growth and productivity improvements, and the market should not panic excessively.
Additionally, the final revision of the 2025 employment baseline data is also noteworthy. Preliminary data previously showed employment figures revised downward by nearly one million, causing market volatility. As non-farm data approaches, the market’s judgment on the Federal Reserve’s policy path and the true strength of the employment market may face a critical test.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Policy Tailwinds, Giants All In: The "Institutional Game" Behind Solana's Stablecoin Supply Hitting New Highs
Author: Jae, PANews
On March 19, Solana's stablecoin supply officially crossed the historic threshold of $17 billion.
This figure not only set a new record for the Solana network, but also reflects the resilience of its ecosystem in expanding against the trend during a bear market, advancing toward the goal of "Internet Capital Markets."
Behind the $17 billion is no longer driven by simple MEME coin speculation frenzy, but rather the result of policy dividends, Wall Street institutional integration, and ecosystem synergistic effects.
From Stripe to PayPal, from Visa to BlackRock, giants from Wall Street and Silicon Valley are influencing Solana's development with real money.
From $1.5 billion to $17 billion, a steep recovery
区块客9h ago
Goldman Sachs has Raised Average Price Forecast for Brent Crude, Crypto Prices to be Affected?
Goldman Sachs has raised Brent Crude oil's 2026 price forecast to $85 per barrel, signaling potential inflation impacts on the crypto market, where prices have recently recovered amidst ongoing uncertainty influenced by geopolitical tensions.
TheNewsCrypto9h ago
US 2-Year Treasury Yield Reaches 4%, Highest Since June 2025
Gate News report: On March 23, the yield on U.S. 2-year Treasury bonds (2-year bonds issued by the U.S. government) touched 4%, reaching its highest level since June 2025, with intraday gains exceeding 10 basis points.
GateNews11h ago
Director of National Data Administration: China's Daily Token Calls Exceed 1.4 Quadrillion, Growing Over 1,000 Times in Two Years
National Data Bureau Director Liu Liehong stated at the forum that China's daily average Token call volume has exceeded 1.4 quadrillion in 2026, representing an increase of over 1,000 times compared to early 2024. Token has become the core element of large model information processing, driving the monetization of the artificial intelligence industry and reforms in data marketization.
GateNews11h ago
BTC and gold divergence reflects split between retail and central banks: Analyst
The divergence of gold and Bitcoin by 2026 is attributed to central bank demand for gold and individual ownership of Bitcoin. Analysts are divided on which asset will dominate as economic conditions fluctuate, with some predicting Bitcoin's rise over gold.
Cointelegraph12h ago
Bear Market Impact on Crypto Industry: Multiple Companies Accelerate Layoffs, AI Transformation Becomes Core Driver
With bear market conditions and economic uncertainty, cryptocurrency companies are laying off staff to cope with market downturns. Algorand cut 25% of its workforce, while other companies have taken similar measures to pivot toward AI-driven operations. The layoffs reflect structural adjustments in the industry, with artificial intelligence becoming an important tool for improving efficiency.
GateNews12h ago