Quick Take On Sept. 6, the US released its latest jobs data, revealing that non-farm payrolls increased by 142,000, falling short of the consensus estimate of 160,000. Meanwhile, the unemployment rate held steady at 4.2%, which aligned with expectations. However, wage growth surprised on the upside, with average hourly earnings rising 0.7% month-over-month and 3.8% […]
The post U.S. jobs data miss prompts Bitcoin rise to above $56,000 amid rate cut speculation appeared first on CryptoSlate.
Originally appeared here:
U.S. jobs data miss prompts Bitcoin rise to above $56,000 amid rate cut speculation