The US labor market showed unexpected weakness in November. Employers added just 64,000 jobs, while the unemployment rate jumped to 4.6%—the highest level since September 2021. The divergence caught markets off guard.
This shift matters for crypto traders and macro investors alike. A cooling job market typically signals Fed pause or rate-cut territory ahead. When unemployment climbs faster than expected, risk-off sentiment can trigger volatility across equities, bonds, and digital assets. The 4.6% level breaches the threshold that usually sparks policy discussions.
Historically, this kind of employment slowdown precedes shifts in monetary policy. If the Fed pivots to accommodation, liquidity conditions ease—often a tailwind for risk assets. But the timing and scale of policy response remain uncertain. Markets will parse whether this is a temporary blip or the start of a broader softening in the labor market.
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BitcoinDaddy
· 12-19 04:37
64k new jobs? Are you kidding me... The rate cut expectations are rising, brothers.
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4.6% unemployment rate, the Fed is moving, and the bears should be losing sleep.
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Every time this kind of data comes out, Bitcoin starts to rollercoaster, and my stop-loss gets triggered again.
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Wait, are they really going to cut interest rates? Or is it just a false signal? I’ll wait and see.
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The market is now betting whether the Fed will loosen policy. Whoever bets correctly will make a fortune.
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Is that all? Can't even reach 64k. The US economy isn't as tough as people think.
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Bitcoin should be taking off now, right? Liquidity easing is always good news for us.
View OriginalReply0
BottomMisser
· 12-18 14:28
Is 64k the end? Now the Federal Reserve will have to seriously consider cutting interest rates.
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Here we go again. Every time employment data loosens, the crypto market starts to speculate about rate cuts... Truly unbelievable.
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The unemployment rate jumped directly to 4.6%, and this wave of risk assets might really shake a bit.
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Basically, it's still a gamble on whether the Fed will back down, and that's the key.
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I just want to know if this is temporary or if a real recession has begun. The market seems confused.
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Friends shorting US stocks should pay attention; these numbers are a bit outrageous.
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Wait, if liquidity really loosens, assets should benefit, right...
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This 4.6% figure is a bit scary; I haven't seen it this high since 2021.
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Wake up, everyone. There's no certainty of rate cuts for now. Don't be too optimistic.
View OriginalReply0
AirdropDreamer
· 12-16 14:17
64k jobs? That number is ridiculously small. The Fed should be losing patience.
View OriginalReply0
Blockchainiac
· 12-16 14:13
64k new jobs? This number is heartbreaking, it feels like the rate cut expectations are about to trigger another round of volatility.
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4.6% unemployment rate, why hasn't the crypto market taken off yet... Is it real or fake?
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Wait, is another Federal Reserve drama coming? Can my BTC withstand it?
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The unemployment rate hitting a new high actually gives me hope. The era of liquidity easing is coming, right?
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If this trend continues, the US stock market will fall, and cryptocurrencies will suffer too... It's really annoying.
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It feels like a signal of policy shift. I'm optimistic about the upcoming market.
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Am I the only one who thinks this set of data, although weak, is not enough to change anything?
View OriginalReply0
liquiditea_sipper
· 12-16 14:07
64,000 new jobs... Is this a joke? Is the crypto market about to take off?
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The expectation of interest rate cuts has arrived, but I still don't dare to go all in. It feels like another false alarm.
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Unemployment rate is 4.6%, breaking through... Hard landing or soft landing, no one really knows, right?
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Will the Fed cut interest rates? That's the question. The biggest fear for Bitcoin is this kind of uncertainty.
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Let's wait and see. It will be clearer in January next year. Betting now is too early.
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With such poor employment data, why hasn't the crypto price gone up? Feels like the market is waiting for something.
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Are risk assets about to turn around? I'm holding my coins and waiting...
View OriginalReply0
MetaverseVagrant
· 12-16 14:06
64k jobs? This data is outrageous, Fed should be worried now
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4.6% unemployment rate, is it good news or bad news for BTC? Feels like a change is coming
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Here comes another "unexpected" event, when has the market not been caught off guard
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Expectations of rate cuts are rising, waiting to ride this wave of market trend
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Is it true? US employment has collapsed?
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Liquidity easing is coming, I bet crypto will get excited
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Unemployment rate soaring, is this a sign of recession...
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On the eve of policy shift, accumulate coins and wait for the next opportunity
View OriginalReply0
CryptoMom
· 12-16 14:03
64,000 jobs... This is so disappointing, the Fed is cutting interest rates
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4.6% unemployment rate, the crypto market is about to take off, brothers
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Wait, is this really good news or just a trick to get us to enter the market?
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The US economy is starting to act up, our Bitcoin needs to eat
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As soon as the rate cut expectation emerges, all risk assets have to tremble
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Vague and real, can we just say interest rate cut directly instead of beating around the bush?
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Historical experience tells me... this time might really be moving
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Only 64,000 new jobs? What was it like at this time last year?
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If the Fed really cuts rates, we should have increased our positions long ago. Why are we still on the sidelines?
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Feels like darkness before dawn, either a big rise or a big fall, just afraid of sideways movement
View OriginalReply0
DuskSurfer
· 12-16 13:59
Just waiting for the FED's move, this wave is the turning point signal.
View OriginalReply0
ser_aped.eth
· 12-16 13:53
64k jobs? Haha, these numbers are really outrageous, the Fed needs to loosen monetary policy quickly.
Wait... does this mean the bottom is coming soon? Is my position ready?
Unemployment breaking 4.6% really means rate cuts are coming, is the crypto market about to take off?
NGL, these job numbers are terrible, short-term chaos is certain, but long-term it's a positive signal.
Just waiting for the Fed to back down, then liquidity will return... where can the money go, hehe.
Hard landing or soft landing... who the heck knows, anyway I’ll keep hodling.
This 4.6% level... feels just like before the last pump.
Jobs numbers dropping like this, the Fed can't stay hawkish, this is a signal, right?
The US labor market showed unexpected weakness in November. Employers added just 64,000 jobs, while the unemployment rate jumped to 4.6%—the highest level since September 2021. The divergence caught markets off guard.
This shift matters for crypto traders and macro investors alike. A cooling job market typically signals Fed pause or rate-cut territory ahead. When unemployment climbs faster than expected, risk-off sentiment can trigger volatility across equities, bonds, and digital assets. The 4.6% level breaches the threshold that usually sparks policy discussions.
Historically, this kind of employment slowdown precedes shifts in monetary policy. If the Fed pivots to accommodation, liquidity conditions ease—often a tailwind for risk assets. But the timing and scale of policy response remain uncertain. Markets will parse whether this is a temporary blip or the start of a broader softening in the labor market.