The latest US unemployment rate came in at 4.4%, landing below the forecasted 4.5% and improving from the prior month's 4.6%. This stronger-than-expected jobs data could signal resilience in the labor market, a key metric that crypto traders and investors closely monitor for broader economic trends.
Better employment figures typically reduce recession concerns, which often supports risk-on sentiment across digital asset markets.
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US Unemployment Hits 4.4%, Beating Expectations
The latest US unemployment rate came in at 4.4%, landing below the forecasted 4.5% and improving from the prior month's 4.6%. This stronger-than-expected jobs data could signal resilience in the labor market, a key metric that crypto traders and investors closely monitor for broader economic trends.
Better employment figures typically reduce recession concerns, which often supports risk-on sentiment across digital asset markets.