U.S. December ADP employment data released—only 41,000 new jobs added, below the market expectation of 47,000. Compared to the previous month's -32,000, although it shows a month-on-month improvement, the growth rate is far below expectations. This data indicates a slowdown in the U.S. labor market, which could influence the Federal Reserve's future policy direction. For the crypto market, weak employment data usually signals that liquidity conditions may improve, which is worth paying attention to.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
9
Repost
Share
Comment
0/400
IfIWereOnChain
· 1h ago
Employment data is so strong, what else are you waiting for? Expectations of rate cuts are rising again.
---
Here we go again, weak data must mean easing. Why don't I believe it?
---
41,000... This is pushing the Federal Reserve to act, but will it really happen?
---
Is the labor market collapsing? Then is liquidity improvement still far off? Let's wait and see.
---
Negative growth last month, now this small increase. Can it be considered good news? I just don't understand this logic.
---
As soon as this data came out, I knew someone would start to talk down the market. Old tricks.
---
If a rate cut were really coming, I would have already prepared my positions. It all depends on when the Federal Reserve admits defeat.
View OriginalReply0
SchrodingersPaper
· 01-07 18:46
Damn, another dump? Liquidity is here, why am I still cutting losses?
Wait, isn't this a positive sign? Why is it still falling...
Once again, I was fooled by the data. Who's going to take the buy-in this time?
41,000? My wallet has more than that... LOL
Americans are starting to lose jobs too. Are our coins about to take off?
I really can't tell if bad data is bearish or bullish. Anyway, I've already lost money.
View OriginalReply0
MEVHunterBearish
· 01-07 17:55
With employment data so strong, the Federal Reserve might have to cut interest rates, right? Crypto is about to take off again, isn't it?
View OriginalReply0
DefiOldTrickster
· 01-07 17:55
Oh no, it's another good time for a naked short, liquidity is coming, and the yield can soar.
View OriginalReply0
NFTPessimist
· 01-07 17:54
Employment data missed expectations again, now the Federal Reserve has to figure out how to smooth things over.
View OriginalReply0
DegenApeSurfer
· 01-07 17:46
With such poor employment data, the Fed has to cut interest rates, right? That's good news for the crypto world, brothers.
View OriginalReply0
ContractTester
· 01-07 17:43
Employment data has taken a hit again, wait for the interest rate cut, buddy.
View OriginalReply0
LiquidityHunter
· 01-07 17:33
41,000 vs. expected 47,000, the price difference is right here, and the liquidity gap has emerged.
U.S. December ADP employment data released—only 41,000 new jobs added, below the market expectation of 47,000. Compared to the previous month's -32,000, although it shows a month-on-month improvement, the growth rate is far below expectations. This data indicates a slowdown in the U.S. labor market, which could influence the Federal Reserve's future policy direction. For the crypto market, weak employment data usually signals that liquidity conditions may improve, which is worth paying attention to.