2026-01-09 16:21:33

According to the latest news, the US employment report for December has been released, and the data is somewhat weak. Non-farm payrolls increased by only 50,000, and the three-month average private sector hiring rate has fallen to 29,000, the second-lowest this year.

This sluggish hiring situation highlights an interesting phenomenon — this year's labor market has shown a pattern of "slowing employment and slowing layoffs."

But it's not all bad news. The unemployment rate has actually decreased, temporarily easing market concerns about worsening employment — and it is precisely because of these concerns that the Federal Reserve has cut interest rates for three consecutive months.

The market now largely expects that the Federal Reserve will likely hold steady at the January 27-28 meeting. However, the weak hiring data remains, and debates about the true state of the labor market will continue. This will have significant implications for future policy directions and market expectations.

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TokenomicsTrapper

· 16h ago

nah the real story is fed's caught between a rock and hard place, classic greater fool theory playing out rn... weak jobs data but unemployment stays chill? textbook contradictions they'll spin into "data dependent" nonsense come january. watched liquidations spike on this lol

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SybilAttackVictim

· 01-10 16:12

50,000 people? That's such a terrible number. Do you really doubt that the Federal Reserve dares to keep interest rates unchanged in January?

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BearMarketMonk

· 01-09 16:51

Employment slowdown, layoffs also slowing down... This is what is called a "comfortable recession." Everyone is waiting, but no one is taking real action, which is quite ironic. The decrease in the unemployment rate is just a form of self-delusion by the survivors; data can never tell the full truth. The Federal Reserve cutting interest rates over the past three months is essentially betting on an impossible soft landing. The market believed it, and retail investors believed it even more. The no-change interest rate in January was written into the script long ago. But what about afterward? The labor market in this "neither crazy nor dead" state is the most dangerous. We are witnessing history repeat itself. Every time, people say this time is different, and indeed it is each time... but the ending always tastes familiar.

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GhostInTheChain

· 01-09 16:51

50,000 people? That's too exaggerated; the layoffs haven't even ended yet. To put it simply, a low unemployment rate is just an illusion; people have been optimized away. If the Federal Reserve keeps interest rates unchanged in January, how can the market be played... Is employment slowing down and layoffs slowing down too? In plain language, it’s just waiting for the right moment. The Fed must be really stressed by this data; cutting rates so far still can't save the situation.

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GateUser-afe07a92

· 01-09 16:42

50,000 people? That's outrageous. Even the US has started to slack off. Layoffs are slowing down, and hiring is also slowing down. Isn't this just waiting for the wind to blow past? Unemployment rate actually decreasing? These data are really a bit mystical; I'm a bit confused. The Federal Reserve held steady in January, but what about afterward? This suspense can last for a while. With such weak hiring data, the wave of layoffs in the crypto circle will probably continue... Right now, no one can really predict the direction; everyone is betting on the Federal Reserve's next move. An average of 29,000 over three months, it feels like this is just the beginning.

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TokenCreatorOP

· 01-09 16:42

50,000 people? Is that the reason the Federal Reserve is easing? That's hilarious. Record-breaking hiring slowdown, and the unemployment rate can still fall? I really can't understand this market logic. The rate cut expectations have already soared; let's wait until January 27 to see how the Federal Reserve wraps up. If the labor market is this ridiculous, can the crypto circle still hold up?

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