July Jobs Shock: U.S. Adds Just 73K as Unemployment Climbs to 4.2%
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Another month, another underwhelming jobs report—Wall Street’s algo-trading bots are probably shrugging harder than your average Fed chair.
Labor market limps forward
The U.S. economy coughed up a meager 73,000 jobs in July while unemployment ticked up to 4.2%. Not exactly the 'soft landing' fireworks the Fed ordered—more like a damp squib.
Warning lights flashing
When even traditional finance bros start side-eyeing Treasury yields, you know the macro picture’s getting spicy. Meanwhile, crypto markets are quietly stacking sats, because when fiat employment stumbles, digital gold shines brighter.
Funny how 'record corporate profits' never seem to translate into... you know, actual hiring. But hey, at least the stock buyback machine’s well-oiled.
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