【Crypto World】The latest labor data reveals a sobering reality: the US private sector added only 41,000 jobs in December, a figure indeed below expectations. According to statistics from the ADP Research Institute, last month still saw a decline; although there was a rebound this time, the strength was clearly insufficient.
Nela Richardson, Chief Economist at ADP, made an interesting observation—large corporations are downsizing, while small companies are still ramping up hiring at the end of the year, trying to recover from the wave of layoffs in November. This structural divergence itself indicates a problem: market confidence is diverging.
The job market has indeed been cooling over the past six months. Unemployment rates are rising, hiring enthusiasm has noticeably waned, and economists are lowering their optimism for 2026. Many Americans are beginning to worry about their job security, and this pessimistic outlook can, in turn, negatively impact consumption and investment. For those paying attention to macro trends, this is an unmissable signal—growth