Something interesting from the latest jobs report: the gap between Americans who think jobs are "plentiful" versus those saying they're "hard to get" has narrowed to just 9.7% this November.
That's basically the tightest spread we've seen in four years. What does this mean? Labor market's cooling off, but not collapsing. The Fed's probably taking notes—this kind of data feeds right into their rate decision playbook.
For those watching macro trends and how they ripple into risk assets (yeah, including crypto), this is the kind of signal that matters. Softer job sentiment could mean rate cuts stay on the table longer. Or it could mean we're heading into that tricky zone where things slow down just enough to spook markets without triggering immediate policy support.
Either way, worth keeping on your radar if you're positioning for 2025.
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FastLeaver
· 6h ago
A 9.7% gap sounds good, but this is the kind of signal that seems stable yet is actually the most dangerous... The market is most afraid of this "neither painful nor itchy" state.
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AirdropHermit
· 6h ago
It feels like a cooling of the labor market... but the fact that it's not completely collapsing is a bit nuanced. The Fed is definitely rethinking its rate strategy because of this.
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MetaMisery
· 6h ago
9.7% gap... The Fed is making moves, and the crypto circle needs to keep a close eye.
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MoonWaterDroplets
· 6h ago
The labor market chess game, the Fed is really calculating.
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the gap is getting smaller, feeling like next year there will either be interest rate cuts or sideways... the crypto world needs to be careful.
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9.7% this number is interesting, but what I'm more concerned about is whether there will really be a cut.
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job sentiment has softened, which could be a double-edged sword for encryption.
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the tightest spread in four years, not sure if it’s favorable information or if it's going to collapse...
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again, it's that subtle balance, I hate these uncertain moments that require decision-making.
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Wait, soft landing or recession? This data doesn't really show it.
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The macro situation is indeed worth following, but the real turning point should be at the December interest rate meeting.
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If the job market stabilizes, could it mean the start of a rate cut cycle? Just thinking about it is stimulating.
Something interesting from the latest jobs report: the gap between Americans who think jobs are "plentiful" versus those saying they're "hard to get" has narrowed to just 9.7% this November.
That's basically the tightest spread we've seen in four years. What does this mean? Labor market's cooling off, but not collapsing. The Fed's probably taking notes—this kind of data feeds right into their rate decision playbook.
For those watching macro trends and how they ripple into risk assets (yeah, including crypto), this is the kind of signal that matters. Softer job sentiment could mean rate cuts stay on the table longer. Or it could mean we're heading into that tricky zone where things slow down just enough to spook markets without triggering immediate policy support.
Either way, worth keeping on your radar if you're positioning for 2025.