Bitcoin holds above $34K despite surprise uptick in US unemployment

Quick Take The latest U. S. jobs data reflected a perceptible deviation from consensus expectations, leading to subtle reverberations in the crypto market. The unemployment rate for October was anticipated to hold steady at 3.

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U.S. Added 336K Jobs in September, Nearly Doubling Expectations; Bitcoin Slips 1%

The unemployment rate TKTK

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Bitcoin at $29,200 as unemployment rate drops to 3.5%

The jobs and unemployment report for July indicates that the labor market has begun to cool down, in line with the Federal Reserve’s efforts to suppress inflation. Earlier Dow Jones estimates predicted nonfarm payrolls to increase by 200,000, following a rise of 209,000 in June.

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U.S. Added 187K Jobs in July, Missing Estimates for 200K, Bitcoin Slips to $29,100

The unemployment rate TKTK to 3.X% versus estimates for 3.6%.

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U.S. Added 187K Jobs in July, Missing Estimates for 200K; Bitcoin Slips to $29,100

The unemployment rate TKTK to 3.X% versus estimates for 3.6%.

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U.S. Added 209K Jobs in June, Missing Expectations for 230K

The unemployment rate TKTK to 3.X% versus 3.7% in June and against expectations for 3.7%.

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BOE faces challenge as yields skyrocket following disappointing jobs report

Quick Take The UK jobs report was released today (June 13,) with unemployment reaching a low of 3. 8%, which was lower than the forecasted 4%. Other metrics indicate wage-price spirals and persistent inflation, complicating the Bank of England’s efforts to manage the economy.

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Market has started to price in a 10% chance of a 25bps rate hike, due to jobs data

Quick Take The U. S. unemployment rate moves down to 3. 4%, the lowest level since 1969. Payroll data came in at 253,000, with an expectancy of 185,000. The market is currently pricing in a pause, but 25bps was not considered before today; now, there is a 10% chance.

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U.S. Adds 253K Jobs in April, Topping Expectations for 180K; Bitcoin Falls

The unemployment rate rose/fell//head steady at 3.X% versus forecasts for a slight rise to 3.6%.

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Jobs report fuels speculation of impending interest rate hike

Quick Take On the news of today, job report, and unemployment data, the market is now pricing in a 70% chance of a 25bps rate hike. This would take the federal funds rate above 5%. The market now expects a 25bps hike in May, a pause in June, and a 25bps cut in July.

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Bitcoin trades steady following lower unemployment than expected in jobs data

Bitcoin held steady following a near miss on expected jobs added. On the release of employment data, the leading cryptocurrency recorded a 0. 5% swing in the 13:30 (BST) 15-minute candle, topping out at $27,980.

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Bitcoin Bounces as U.S. Adds 311K Jobs in February, Beating Expectations

The unemployment rate fell/rose/held steady to 3.X% ....

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Bitcoin breaks $20k following NFP and unemployment data, as markets favour 25bps instead of 50bps

Quick Take +311k jobs created vs.

The post Bitcoin breaks $20k following NFP and unemployment data, as markets favour 25bps instead of 50bps appeared first on CryptoSlate.

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Bitcoin price falls after US job figures

517K+ new jobs were created in January, pushing the unemployment rate to 3.4%. Bitcoin fell to $23,370 shortly after the news was announced.

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Bitcoin slips amid market reaction to US jobs report

Bitcoin price fell slightly to retest support near $23,250 on Friday. The top cryptocurrency’s price action mirrored early trades on Wall Street as the market reacted to US economic data. The US added 517,000 jobs, against an estimated 188,000 and unemployment fell to 53-year low of 3.

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Bitcoin Falls After 517K Jobs Added in January, Beating Expectations

Alongside, the government reported the unemployment rate fell to 3.4%, below the forecast of 3.6%.

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US Adds 223K Jobs in December, Unemployment Rate Falls to 3.5%

The jobs market remained strong/began to show signs of weakening to close out 2022.

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Strong Labor Data Suppresses Bitcoin And Polkadot Price Action While Oryen Network Capital Influx Remains Unaffected

The Labor Data The statistics for US jobs were posted, which is a mixed bag. In July of this year, half a million positions were created, signaling that growth is still strong. September jobs growth cooled off, but the unemployment rate dropped, causing the Federal Reserve (FED) to likely raise interest rates by 0.

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Bitcoin price gives up key trend line as US jobs data deals 5% losses

A snap unemployment report sparks an instant risk asset sell-off, with BTC price action staying below $20,000 since.

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Bitcoin And Jobs: How Crypto Might Be Affected By Drop In US Employment Openings

There have been fewer job openings in the United States lately and this may, one way or another, have an impact on Bitcoin and the broader crypto market. The recent data on unemployment in the US shows that the labor market is still predominantly strong at 3.

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GameFi could be the answer to unemployment for some — Aussie game studio

The executives say traditional jobs are increasingly at risk through factors such as automation, but GameFi can provide a viable alternative to earn a wage.

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US Adds 431K Jobs in March, as Unemployment Rate Nears Pre-Pandemic Level

The report is widely watched by traditional and crypto traders because of its implications for inflation and the Federal Reserve’s fight against it.

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Ether Gains Upper-hand as it Becomes “The Money of The Internet,” Bitcoin-Gold-Bond Index Outperforming S&P 500 Since 2015-End

Bulls control the crypto market while the long-awaited jobs much weaker than expected US payrolls report sent the US dollar lower. With the unemployment rate slipping to 5. 2%, it seems less likely that the Fed will pare its massive stimulus measures.

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Biden Economics: US Jobs Report Lackluster, Unemployment Extensions Hammer Supply Chain, Americans Want More Stimulus

Recent headlines in numerous publications claim the U. S. economy is set for rapid expansion and a “post Covid boom” thanks to Joe Biden’s economic plans. However, contradicting reports identify certain struggling elements, such as the supply chain, which have been ravaged by bureaucratic mandates, and suggest a bleaker circumstance entirely.

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New COVID-19 Relief Proposal Could Provide 1 BTC a Month Worth per American Household

As of today, over two million cases of coronavirus and 112,472 deaths have been reported in the US. The lockdowns in the country resulted in the unemployment hitting 14. 7% with the loss of 20 million jobs in April.

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Here are 11 ways you can earn money online in India

India has entered the third round of lockdown and it's starting to get difficult for some people as many are being fired from their jobs. The unemployment rate is literally increasing each and every dThe post Here are 11 ways you can earn money online in India appeared first on AMBCrypto.

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14% of GDP and 12% of Jobs Could Be Permanently Erased by Coronavirus

Record-high unemployment is likely to linger long after the first wave of coronavirus has passed, according to a new survey. The post 14% of GDP and 12% of Jobs Could Be Permanently Erased by Coronavirus appeared first on CCN.com

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U.S. Jobless Claims Rise Another 4.4M, 26M Americans Already Lost Jobs amid Coronavirus

Coinspeaker U. S. Jobless Claims Rise Another 4. 4M, 26M Americans Already Lost Jobs amid CoronavirusThe record surge of Americans applying for unemployment benefits is starting to recede, but another 4.

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Dow Futures Jump Thanks to China Data But There’s Danger Ahead

Futures on the Dow Jones Industrial Average (DJIA) are up Friday thanks to strong Chinese PMI data. China’s economy is not on track just yet as there are contradictory data points coming out of the country.

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JPMorgan Predicts Fed to Ease Rates Again by Halloween

JPMorgan expects the Fed to ease rates again in October. Over the weekend, CNBC anchor Carl Quintanilla tweeted the investment bank’s statement from his iPhone: Slowing job growth is one indication of a slowing global economy.

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Dow Edges Higher After Mixed Jobs Report Cements Fed Rate Cut Odds

The Dow prepared to close the week firmly in negative territory, even though a mixed jobs report empowered the stock market to crawl to a moderate recovery for a second straight day. Nonfarm payrolls missed estimates for September, but upward revisions to the previous two months helped bring the unemployment rate down to a five-decade […] The post Dow Edges Higher After Mixed Jobs Report Cements Fed Rate Cut Odds appeared first on CCN.com

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Crypto regulation can create over 20,000 direct jobs and billions in revenue in India

Indian economy is going through a rough phase and the unemployment rate is at 45-year high while its yearly growth rate is taking a back seat. From being one of the fastest-growing economies in the world to the present situation where economists are concerned if immediate measures are not put in place, India might see […] The post Crypto regulation can create over 20,000 direct jobs and billions in revenue in India appeared first on AMBCrypto.

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UK’s ‘most deprived’ village builds tidal energy crypto miners to reconnect with technology

It’s often said that machines will perform upwards of 40 percent of the world’s jobs by 2035 — but one artist is out to prove that automated technologies can bring positive change too, and he’s using DIY cryptocurrency miners to do it.

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Trump Basks in Jobs Growth, Leaving Clueless Dems Nearly Unhinged

By CCN: By now you’ve likely heard that the U. S. economy added a stellar 236,000 jobs in April. Hourly earnings ticked higher, and the unemployment rate fell to 3. 6%. The last time it was this low was a few months after the U.

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Dow Blasts Higher After Controversial Fed Pick Ditches Trump

By CCN: The stock market shot higher on Friday, enabling the Dow to slam the brakes on its multiday decline. Meanwhile, President Trump dropped the shocking announcement that controversial Federal Reserve nominee Stephen Moore had yanked his name from consideration.

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Amazon’s $15/hr Wage Won’t Help Workers Replaced by Robot Army

Billionaire Jeff Bezos bragged that Amazon pays its employees a minimum wage of $15 per hour and challenged its competitors to follow suit. Ironically, though, the e-commerce giant just acquired a robotics startup whose machines could one day send many of those employees to the unemployment line.

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Central TX Town hit Hard by Unemployment Finds Hope in Bitcoin Mine

Now the small town of Rockdale, about an hour northeast of Austin, is hoping the days of “used to” are used up. A Chinese company plans to open a Bitcoin mining operation in part of the old Alcoa plant just outside of town, bringing with it the prospect of 300-500 jobs, according to local media reports.

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Algeria is tackling unemployment with their first coding school

Algeria is one of the largest countries in Middle East and North Africa with a population of over 40 million. More than 70 percent of the country’s population is under 30 but the country still has a higher unemployment rate than the average in MENA.

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Support Chain ICO (SUP Token): Blockchain Jobs & Charity Platform?

In a service market, an increase in the services leads to a decrease in the rate of unemployment. This market for services is itself under pressure from various organizations leading to the development of a Support Chain platform.

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