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unemployment rate
U.S. Added 256K Jobs in December, Blowing Past 160K Estimate
Crypto markets have fallen sharply over the past few days as stronger than expected economic data sent interest rates surging and called into question the idea that the Fed will continue easing monetary policy.
Bitcoin Clings to $29K After July Jobs Report
Bitcoin (BTC) is trading around the $29,200 level as the U.S. economy added 187,000 jobs in July with the unemployment rate little-changed at 3.5%. The Tie Director of Content Lawrence Lewitinn shares his crypto markets analysis as investors react to the latest U.S. economic data.
Bitcoin, Ether Trade Marginally Lower Following Release of Discouraging Jobs Data
A persistently robust employment market has played a major role in capping asset prices, though a floor seems intact as well.
Bitcoin Higher After October Jobs Report
261,000 U.S. jobs were added in October, beating economists' forecasts. The unemployment rate rose to 3.7% versus expectations for 3.6%. Medley Global Advisors Managing Director Ben Emons discusses the impact of the latest economic data on the crypto markets.
What the October Jobs Report Means for Crypto
The October Jobs Report reveals U.S. nonfarm payrolls beat estimates and grew by 261,000, while the unemployment rate rose to 3.7%. This comes as the U.S. Federal Reserve is aiming to bring down inflation significantly. Medley Global Advisors Managing Director Ben Emons discusses the data and the implications for the crypto industry.
Bitcoin Slips From $20K Following US Jobs Report
Nonfarm payrolls rose 263,000 last month while the unemployment rate fell to 3.5%, according to the Labor Department’s latest jobs report. Bannockburn Global Forex Managing Director Marc Chandler discusses the implications for the crypto markets and global finance. Plus, bitcoin (BTC)’s correlation with gold hits its highest level in over a year.
Bitcoin Inches Higher After US Adds 315K Jobs in August
Bitcoin was rising Friday after the U.S. added 315,000 jobs in August and the unemployment rate rose to 3.7%. Path Trading Partners co-founder & Chief Market Strategist Bob Iaccino discusses what the Department of Labor’s latest economic data means for bitcoin (BTC) and the wider crypto market.