Tomorrow night at 9:30 PM, the U.S. Department of Labor is about to make a big announcement—the December Non-Farm Employment Report is coming out. How important is this data? To put it simply, it directly relates to the Federal Reserve's next move and will influence the overall market sentiment in the crypto space.
The market generally expects job growth to be more moderate. Specifically, December is expected to add 60,000 jobs, down from 64,000 in November. On the unemployment rate front, most agencies anticipate a slight decline from 4.6% to 4.5%. The data sounds promising, but since this is the first full employment report after the government shutdown, its reference value is uncertain.
The key issue here is: the longest government shutdown in history has just ended, and its aftereffects are still present. Business hiring has been disrupted, and data collection has been incomplete. Plus, employment statistics are inherently prone to data collection challenges. For investors trying to interpret this report accurately, the difficulty is significant. So don’t expect this data to give the market a clear direction—employment figures in the coming months may continue to fluctuate.
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CoffeeOnChain
· 01-12 00:39
Tomorrow night's data feels like it's going to explode. The first report after the shutdown already has some water, so what else to look at...
Non-farm payrolls are the hardest to trade at this time, with too much noise.
The data says 60,000 but the real situation might be worse? Anyway, the Federal Reserve will just pretend not to see it and continue their game.
Let's wait until tomorrow. Anyway, the recent volatility in the crypto market is already set; I don't believe non-farm payrolls can save the market.
Policy data like this is not reliable at all; it's better to look directly at on-chain data, at least the chain won't lie.
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YieldWhisperer
· 01-11 19:28
ngl the math on this employment print doesn't even matter... government shutdown broke the whole data collection pipeline anyway. why are we pretending 60k vs 64k means anything when half the hiring intel's probably missing? classic statistical death spiral pattern tbh
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governance_ghost
· 01-10 06:55
The government shutdown has messed up the data, can we trust this report?
Non-farm payrolls are causing trouble again, the crypto market is about to have a roller coaster ride
60,000 new jobs? Feels like this number is inflated, anyone who believes it is naive
The Federal Reserve's next move depends entirely on this report, it's too reckless
The unemployment rate dropping sounds good, but the lingering side effects are still there, it's meaningless
Let's wait a few months and see, this data is definitely unstable, I bet five cents
Business hiring has been disrupted, the statistics are incomplete, how can we make an accurate judgment?
This data coming out tomorrow will probably cause huge swings, ready to cut losses or buy the dip?
Another report full of uncertainties, the crypto prices are likely to be influenced by this again
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LiquiditySurfer
· 01-09 19:46
The government shutdown really messed up the data this time. Who would dare trust this report now?
The non-farm payroll data is so weak that even the Federal Reserve is scratching their heads. In our crypto circle, we need to hold onto our wallets even tighter.
This wave of employment figures is highly inflated. We still need to keep watching the market, so it's better to start hedging risks early, everyone.
An expectation of 60,000 new jobs sounds good, but do you dare to believe it? Everyone knows the lingering effects of the shutdown.
Honestly, this broken report can only cause volatility. The market will still depend on the Federal Reserve's stance.
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SilentObserver
· 01-09 03:59
All data after the government shutdown is questionable. How much can we trust this non-farm payroll report?
Really, the aftereffects of the shutdown haven't even faded yet. We're trying to find direction from this pile of messy numbers—impossible.
The difference between 60,000 and 64,000 isn't very meaningful in this context; mainly because the data itself is flawed.
Wait, does this mean there will be continued fluctuations? So how are we small investors supposed to play?
We'll see when the time comes. Anyway, the Federal Reserve's true intentions have long been obvious; the non-farm payroll is just a reference show.
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AirdropHunterWang
· 01-09 03:56
See you tomorrow night for the verdict, but I think this data is heavily inflated and has little reference value.
Wait, with the government shutdown, corporate hiring is all over the place. How can it reflect the real situation?
60,000 new additions? Feels like they just made it up haha. Anyway, this month's market trend depends on the Federal Reserve's stance.
Honestly, I'm just worried about continued volatility. If that happens, our crypto circle will be on another roller coaster.
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GateUser-e19e9c10
· 01-09 03:54
The government shutdown really disrupted all the data. This non-farm report probably needs to be questioned.
We'll see the results tomorrow night, but it doesn't feel that simple; the volatility is just beginning.
Regarding employment figures, comparing before and after the shutdown is meaningless; don't be fooled by the surface data.
60,000 vs 64,000, what's the big difference? The key is how the Federal Reserve interprets this tangled mess.
If this trend continues, the next few months are likely to see repeated fluctuations. Holders of cash should be cautious.
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ConsensusDissenter
· 01-09 03:53
Here are several comments with different styles:
The government shutdown mess, can you trust the data? Anyway, I don't believe it.
Non-farm payrolls are about to trigger another wave of volatility, can't get a handle on it.
Honestly, the data after the shutdown was already unreliable, and you're expecting it to stabilize the crypto circle? LOL.
60,000 jobs? Feels like all temporary workers, of little reference value.
Once this report is out, the market will definitely go haywire. I'm already prepared for a shakeout.
The longest shutdown in history has its aftermath. Who could have predicted the outcome...
See the truth tomorrow night, but I bet this data will still be full of nonsense.
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CounterIndicator
· 01-09 03:52
It's another non-farm payroll and Federal Reserve event, always waiting here to get cut.
Can we trust the government shutdown data? I remain skeptical.
60,000 vs 64,000, not much difference, how can the market fall this much?
A slight decrease in the unemployment rate sounds good, but the aftereffects haven't disappeared yet, there's too much water in these numbers.
Let's wait and see, after this report is released, it will definitely be a chaotic drop.
That's why I only look at on-chain data; these macroeconomic figures are too hard to predict.
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TestnetNomad
· 01-09 03:34
How much can we trust the data after the government shutdown? Feels all fake.
Wait, could this be a signal of the Federal Reserve easing? Jump in early?
60,000 new jobs... Feels not as exciting as expected, better to keep observing.
A bad hand of cards, insisting on reading an upward trend. The market's tricks are old.
Weak employment data, the crypto circle is about to sway again. Really annoying.
Tomorrow night at 9:30 PM, the U.S. Department of Labor is about to make a big announcement—the December Non-Farm Employment Report is coming out. How important is this data? To put it simply, it directly relates to the Federal Reserve's next move and will influence the overall market sentiment in the crypto space.
The market generally expects job growth to be more moderate. Specifically, December is expected to add 60,000 jobs, down from 64,000 in November. On the unemployment rate front, most agencies anticipate a slight decline from 4.6% to 4.5%. The data sounds promising, but since this is the first full employment report after the government shutdown, its reference value is uncertain.
The key issue here is: the longest government shutdown in history has just ended, and its aftereffects are still present. Business hiring has been disrupted, and data collection has been incomplete. Plus, employment statistics are inherently prone to data collection challenges. For investors trying to interpret this report accurately, the difficulty is significant. So don’t expect this data to give the market a clear direction—employment figures in the coming months may continue to fluctuate.