Market Analysis
US Added 187k Jobs in July as Hiring Cools Down
Jobs growth and unemployment rate came weaker than expected in July, at 187,000 and 3.5%, respectively.
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LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
In February 2025, the US saw a sharp increase in job cuts, totaling 172,017, largely due to federal government reductions.
Jobs growth and unemployment rate came weaker than expected in July, at 187,000 and 3.5%, respectively.
Private companies in the US added 497,000 new jobs in June, up from 267,000 in May.
December's jobs report may be strong, but the labor market is yet to catch up with recessionary forces.
Young people are increasingly seeing crypto as a way out of working their whole lives.