#美联储回购协议计划 🔥US December Non-Farm Payrolls Preview: Will Unemployment Rise?

💥Before next week's non-farm employment data is released, Citibank has made an interesting prediction—an increase of 75,000 new jobs in December, with the unemployment rate possibly rising from the current level to 4.7%.

It doesn't look very good, right? Rising unemployment usually means the economy is cooling down. The market has indeed been discussing the gradual slowdown of the employment sector lately. Such data often becomes a reason for the Federal Reserve to consider easing monetary policy.

But—here's a twist.

Citibank also pointed out that another driver of the rising unemployment rate is the rebound in the labor force participation rate. In other words, more people are entering the job market. What does this mean? The opposite—this actually reflects economic confidence. And according to the latest data, layoffs remain at historically low levels.

So, it's not that simple. On the surface, rising unemployment and slowing job growth suggest a weakening economy, but overall economic resilience might be much stronger than the numbers indicate.

For cryptocurrencies and risk assets, this kind of employment environment—neither too hot nor too cold—is actually ideal. There's no need to worry about runaway inflation, nor fear recession. In this context, the Federal Reserve has more room to implement easing policies, continuously providing liquidity support to the market.

In simple terms—next week's data might clarify whether the economy is slowing down or undergoing structural adjustments. Let's all wait and see.