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Employment
U.S. Adds 253K Jobs in April, Topping Expectations for 180K; Bitcoin Falls
The unemployment rate fell to 3.4% versus forecasts for a slight rise to 3.6%.
U.S. Adds 236K Jobs in March Versus Forecasts for 239K
Bitcoin was little changed at $27,900 in the minutes following the roughly in-line report.
Bitcoin Bounces as U.S. Adds 311K Jobs in February, Beating Expectations
The unemployment rate rose to 3.6% against forecasts for it to hold steady at 3.4%.
Bitcoin Falls After 517,000 Jobs Added in January, Beating Expectations
The U.S. government also reported the unemployment rate fell to 3.4%, below the forecast of 3.6%.
US Adds 223K Jobs in December, Unemployment Rate Falls to 3.5%
Bitcoin was steady in the immediate aftermath of the report at $16,750.
US Added 261K Jobs in October, Topping Expectations for 200K
Bitcoin's price is likely to face continuing headwinds as the strong report should keep the Federal Reserve on a tightening path.
In Crypto Winter, Jesse Powell’s Pirate-King Leadership Style Might Be the New Normal
Less than 1% of employees have taken the CEO’s buyout offer since he laid down the law on culture. Do employees see Kraken as a “based” place to work, or just somewhere to ride out the bear market?
![CEO Jesse Powell says he's trying to insulate Kraken from “people who basically [think] if you don’t agree with them you’re evil.” (Kraken)](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fstaging%2F4b5920a655bba68af7143048063997d5da82339b-1440x1080.jpg%3Fauto%3Dformat&w=1080&q=75)
What a Strong Labor Market Means for Crypto Markets
A report by the Labor Department on Friday showed U.S. employers added 528,000 jobs, exceeding economists’ average estimate, with the unemployment rate remaining at 3.5%. Bitcoin’s price fell modestly following the report. Hxro co-founder & CEO Dan Gunsberg discusses what this means for crypto and whether bitcoin has bottomed out.
