$BTC $ETH Why is the non-farm payroll data negative? Please take a look!
Non-farm payrolls are expected to increase by 175,000, and the 67 economists surveyed predicted an increase of 80,000 to an increase of 235,000.
The labor force participation rate was 62.5%, compared with 62.8% in the previous month.
Average hourly wages increased by 0.4% from the previous month, and are expected to increase by 0.3%, compared with an increase of 0.4% in the previous month.
It increased by 4.1% compared with the same period last year, compared with an increase of 4.0% in the previous month, and is expected to increase by 3.9%.
Non-farm employment in the private sector increased by 164,000, compared with an increase of 136,000 in the previous month; it was expected to increase by 130,000, and the 35 economists surveyed predicted an increase of 60,000 to an increase of 188,000.
Non-farm employment in the manufacturing industry increased by 6,000, compared with an increase of 26,000 in the previous month; it is estimated to increase by 5,000, and the forecast range of the 15 economists surveyed was a decrease of 2,000 to an increase of 10,000.
The unemployment rate was 3.7%, compared with 3.7% in the previous month; the estimate was 3.8%, and the forecast range of 64 economists surveyed was 3.6%-3.9%.
The underemployment rate was 7.1%, compared with 7.0% in the previous month.
Key point: Why is it bad? ! Because everyone is living well, it proves that enterprises are also living well, so the current interest rates are not high and the burden on enterprises is not large, so interest rates will not be cut. Without interest rate cuts, funds will not flow out, and if funds cannot flow out, money in the currency circle will not If itâs too much, itâs definitely a bad thing. #BTC
