ChainCatcher news, Pepperstone senior research strategist Michael Brown stated in a report that the rise in the U.S. unemployment rate should be sufficient to solidify the case for a 25 basis point rate cut by the Federal Reserve next week.In November, the U.S. non-farm payrolls increased by 227,000, exceeding analysts' expectations of 214,000 in a Wall Street Journal survey, but the unemployment rate rose from 4.1% reported last Friday to 4.2%. If Federal Reserve policymakers are concerned that Trump may hinder the decline in inflation during the early part of his presidency, or if there are potential upside inflation risks, they might consider skipping a rate hike in January. (Jin Shi)

ChainCatcher News, U.S. Bureau of Labor Statistics: Non-farm payrolls increased by 227,000 in November, and the unemployment rate remained at 4.2%, showing little change. Employment in sectors such as healthcare, leisure and hospitality, government, and social assistance is on the rise. Retail jobs decreased. (Jin Shi)

ChainCatcher news, the U.S. unemployment rate in November is 4.2%, expected 4.2%, previous value 4.10%. (Jin Ten)

ChainCatcher message, according to Jinshi reports, economists expect that the November non-farm payroll report will show that the U.S. created 200,000 jobs in November, while only 12,000 jobs were added in October due to distortions caused by two hurricanes and the Boeing strike. Compared to the 4.1% unemployment rate in October, the unemployment rate in November may slightly rise to 4.2%. Meanwhile, after a 4.0% increase in October, average hourly wages are expected to grow by 3.9% in November. Powell stated at an event this week that there is no need to rush to cut interest rates, as the economy is still growing, the job market is stable, and inflation remains above the 2% target.TD Securities analysts, in anticipation of the November non-farm report, indicated that as the impact of the two hurricanes gradually fades, 75,000 jobs are expected to return to the average in November. Additionally, the unemployment rate is expected to rise by 0.1% to 4.2%, while the month-on-month wage growth may decrease to 0.2% after a significant increase of 0.4% in October.

ChainCatcher news, according to Jinshi reports, American bank economists stated that the employment report for November will be released on Friday, and investors should pay attention to the growth rate over the past two months, especially considering the significant risk of revisions to the October data.A Wall Street Journal survey shows that the U.S. non-farm payrolls for November are expected to increase by 214,000, up from 12,000 in October. American banks expect this number to exceed 240,000 due to the impact of hurricanes and the Boeing strike. It is also expected that the labor force participation rate will rebound, causing the unemployment rate to rise from 4.1% to 4.2%, in line with the Wall Street Journal's expectations. American banks noted that the number of unemployment claims increased due to the impact of hurricanes but has since declined, indicating a rapid economic recovery.

ChainCatcher news, according to Jinshi reports, analyst Curran analyzed the U.S. non-farm data and pointed out that this is clearly a set of mixed numbers, just as everyone expected. Economists will need several months of clear data to accurately assess the state of the job market.Politically, Trump's campaign team may seize the opportunity of the overall decline in employment numbers, while Harris's campaign team can point out that the unemployment rate remains stable.

ChainCatcher news, according to Jinshi reports, the U.S. unemployment rate in October is 4.1%, expected 4.1%, previous value 4.1%.

ChainCatcher news, MN Trading founder Michaël van de Poppe stated that this week's U.S. unemployment rate data could drive Bitcoin to a new high. The market is already preparing for data that may impact the market.

ChainCatcher news, according to Jinshi reports, the unemployment rate in the United States for September recorded at 4.1%, the lowest since June 2024.In addition, the non-farm payrolls for July were revised from 89,000 to 144,000; the non-farm payrolls for August were revised from 142,000 to 159,000. After revisions, the total new jobs for July and August increased by 72,000 compared to before the revisions.

ChainCatcher news, according to Jinshi reports, the U.S. unemployment rate in September is 4.1%, expected 4.2%, previous value 4.20%. The U.S. unemployment rate in September recorded a new low since June 2024.

ChainCatcher News, the U.S. September non-farm payroll report will be released at 20:30 Beijing time tonight.The U.S. September unemployment rate is expected to be 4.2%, and the seasonally adjusted non-farm employment figure for September is expected to be 140,000.

ChainCatcher news, according to Jin10, the U.S. unemployment rate in August is 4.2%, expected 4.20%, previous value 4.30%.

ChainCatcher news, Federal Reserve mouthpiece Nick Timiraos: Friday is exactly the last day before Federal Reserve officials enter the pre-meeting blackout period. Federal Reserve's Williams and Governor Waller are scheduled to speak after the employment report is released, which is the last opportunity to set expectations for the upcoming meeting. With economic growth and inflation slowing, it is more reasonable for the Federal Reserve to lower interest rates from the current level of around 5.3% to about 4.5%. If there are no signs that the weak employment in July will persist into August, some Federal Reserve officials may resist a significant rate cut of 50 basis points. However, officials who were open to rate cuts at the July meeting may support a 50 basis point cut in September if the unemployment rate rises again and job growth slows further, as they will receive broader support. (Jin Shi)

ChainCatcher news, according to Walter Bloomberg, Citigroup analysts stated in a report to clients on Tuesday that they expect the upcoming U.S. Non-Farm Payrolls (NFP) to increase by 125,000 new jobs, with an unemployment rate of 4.3%.Citigroup stated, "The shift from inflation to employment has been completed," indicating that the focus of Federal Reserve policy will shift from inflation indicators to employment data. Citigroup's forecast suggests that an increase of 125,000 jobs, combined with an unemployment rate of 4.3%, would be sufficient to prompt the Federal Reserve to cut interest rates by 50 basis points.The report noted that if the unemployment rate slightly decreases to 4.2%, the Federal Reserve may choose to cut rates by 25 basis points, although this would not change Citigroup's expectations of continued slack in the labor market and an economic slowdown. The volatility in the labor market has become as pronounced as inflation data in recent years.

ChainCatcher news, according to Jinshi reports, Nigel Green of deVere Group stated in a report that if the Federal Reserve does not cut interest rates soon, but waits until the next meeting in September to do so, it would be a dereliction of duty. Last Friday, the unexpected rise in the U.S. unemployment rate was the underlying reason putting pressure on stock index futures, the dollar, and U.S. Treasury yields.Green called for an immediate 25 basis point rate cut, while other analysts suggested an emergency cut of up to 75 basis points to avoid a recession. The Federal Reserve "needs to take action now... otherwise, there could be a risk of a far-reaching hard landing."

ChainCatcher news, according to Jin10 reports, the U.S. unemployment rate in July is 4.3%, expected 4.10%, previous value 4.10%.The U.S. unemployment rate in July recorded at 4.3%, the highest since October 2021.

ChainCatcher message, XT reminds you to pay attention to macro data. On August 2, 2024, at 20:30 Singapore time, the U.S. Department of Labor will announce the U.S. unemployment rate for July, and the U.S. Bureau of Labor Statistics will announce the seasonally adjusted non-farm payrolls for July (in ten thousand).Release frequency: once a month (announced on the first Friday of each month, except for special holidays or statistical cycle issues)Expected impact: Since Federal Reserve Chairman Powell has previously emphasized that a consideration for interest rate cuts will only occur when the unemployment rate is above 4% and inflation is below 2%. Therefore, the market generally expects that the U.S. unemployment rate data will affect interest rate cut expectations, the U.S. dollar index, U.S. Treasury yields, and is likely to transmit impacts to risk markets and the cryptocurrency market.Data impact:• If the announced value is higher than the expected value: bearish for the dollar, bullish for non-U.S. currencies; bearish for Treasury yields; bullish for interest rate cut expectations, bearish for interest rate hike expectations; bullish for risk markets and the cryptocurrency market.• If the announced value is lower than the expected value: the cryptocurrency market may decline.For example: if the previous unemployment rate was 4.1%, and the forecast value is 4.1%, if the announced value is 4.2%, then the cryptocurrency market may rise; if the announced value is 4%, the cryptocurrency market may decline.

ChainCatcher news, according to Jinshi Data, the U.S. seasonally adjusted non-farm payrolls for June increased by 206,000, exceeding market expectations. The expectation was 190,000, and the previous value was 272,000.The U.S. unemployment rate for June is 4.1%, with an expectation of 4.00%, and the previous value was 4.00%.

ChainCatcher news, Federal Reserve Chairman Powell hinted that the unemployment rate must rise by more than 0.2 percentage points to prompt the Fed to cut interest rates.