US Unemployment Jumps to 4.6%, Crypto Analysts Expect Bitcoin Bull Run
The post US Unemployment Jumps to 4.6%, Crypto Analysts Expect Bitcoin Bull Run appeared on BitcoinEthereumNews.com.
Key Notes Labor market weakness persists with only healthcare and construction sectors actively hiring workers. Fed may implement additional rate cuts and increased liquidity measures throughout 2026 to stimulate economy. Bitcoin trading at $88,000 shows modest recovery following unemployment data release and negative economic outlook. The United States unemployment rate came in worse than expected on December 16, at 4.6% versus the forecasted 4.5%—both higher than the previous data at 4.4%. While a stalled job market could signal a recession, crypto analysts believe this data could trigger economic dynamics that are bullish for scarce assets like Bitcoin BTC $87 478 24h volatility: 1.9% Market cap: $1.74 T Vol. 24h: $53.51 B . Macroeconomic analysts like The Kobeissi Letter (TKL) and Heather Long have commented on the matter on December 16 on X. Heather Long highlighted this is the highest US unemployment rate since September 2021, despite nonfarm payrolls adding 64,000 new jobs to the economy against the expected 50,000 jobs added for November. TKL traced the same divergence and concluded, “The labor market is still weakening.” “Only healthcare and construction were hiring,” Long, chief economist at Navy Federal, added, commenting that other sectors are flatlining or laying off workers. In another post, the prominent economics columnist explained that “almost no jobs have been added since April.” Moreover, she highlighted slowing wage gains, plus 710,000 more unemployed people in the United States than what data showed in November 2024. JUST IN: The US economy added 64,000 jobs November. But the unemployment rate jumped to 4.6% –>the highest since September 2021. Only healthcare and construction were hiring. Other sectors are flatlining or laying off workers. ***There have been almost no job gains since… pic.twitter.com/KXMOEHIami — Heather Long (@byHeatherLong) December 16, 2025 Bull Theory, a trader and market researcher, posted that this outlook…
Filed under: News - @ December 16, 2025 6:29 pm