đ U.S. June Jobs Report Smashes Expectations: 147K Jobs Added, Unemployment Drops to 4.1%
Wall Streetâs crystal ball was dead wrongâagain. The U.S. economy just flexed with 147,000 new jobs in June, sending unemployment crashing to 4.1%. So much for that 'impending slowdown' narrative.
Labor Market on Steroids
Employers went on a hiring spree while analysts scrambled to revise their doom-and-gloom forecasts. The Fedâs 'soft landing' fantasy? Suddenly looking less delusional.
Wage Growth vs. Inflation: The Eternal Dance
Workers got pay bumpsâbut letâs be real, those gains are still racing against avocado toast inflation. Another win for 'team stagflation'? Not today.
Meanwhile, crypto markets barely blinkedâbecause when youâre busy chasing 100x leverage, who cares about old-school employment data? (Spoiler: The Fed does, and theyâre still terrified of your Bitcoin stack.)