BlockBeats News, February 11 — Due to a temporary suspension by some government departments, the U.S. January non-farm payroll report, originally scheduled for release last Friday, has been postponed to this Wednesday. Previously, several “secondary” employment indicators showed weakness, raising concerns in the market about a slowdown in employment growth.
Data shows that January ADP employment growth was weak, and Challenger layoffs increased significantly; the four-week moving average of initial unemployment claims rose as of the end of January; December JOLTS job openings fell to their lowest level in nearly five years. However, the ISM manufacturing and services employment indices performed relatively steadily, somewhat easing pessimistic expectations.
Ahead of the non-farm payroll release, White House officials have been actively guiding market expectations. White House senior trade advisor Peter Navarro stated that the market should “significantly lower” its expectations for monthly employment data, believing that in the current context of deporting illegal immigrants and shrinking labor force, an employment increase of about 50,000 per month can be considered “stable,” and should no longer be compared to the six-figure increases during Biden’s administration.
Kevin Hasset, director of the White House National Economic Council, also said that employment data might appear weaker due to a decline in the labor force, but this is not inconsistent with strong GDP growth and productivity improvements, and the market should not panic excessively.
Additionally, the final revision of the 2025 employment baseline data is also noteworthy. Preliminary data previously showed employment figures revised downward by nearly one million, causing market volatility. As non-farm data approaches, the market’s judgment on the Federal Reserve’s policy path and the true strength of the employment market may face a critical test.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The U.S. Department of Labor will announce the number of initial jobless claims for the week ending March 7 at 20:30 tonight.
Gate News, on March 12, the U.S. Department of Labor will release the number of initial jobless claims for the week ending March 7 at 20:30 Beijing time tonight, which may trigger market volatility.
GateNews51m ago
Germany Offers Tax-Free Bitcoin Gains After 12 Months
Germany's longstanding rule allows Bitcoin holders to pay 0% capital gains tax if held for over a year, promoting long-term investment. Despite new EU transparency rules, this tax benefit remains a draw for investors.
Coinfomania1h ago
IEA Significantly Cuts Oil Supply Growth Outlook to 1.1 Million Barrels/Day, Cites Middle East War as Largest Supply Disruption in History
The International Energy Agency (IEA) has lowered its oil supply growth forecast for 2026, expecting supply growth of only 1.1 million barrels per day in 2023. Due to Middle East conflict reducing Gulf oil-producing nations' output, March oil supply is projected to fall to 98.8 million barrels per day, the lowest since 2022.
GateNews1h ago
Robert Kiyosaki warns market could face historic collapse in 2026
Investor Robert Kiyosaki warns of a potential financial market collapse in 2026, citing unresolved issues from the 2008 crisis, rising global debt, and instability in private credit markets. He advises investors to consider safe-haven assets like gold and cryptocurrencies to mitigate risks.
TapChiBitcoin1h ago
Iran warns that oil prices could soar to $200, and Bitcoin faces a new wave of volatility risk
Iran warns that if the US and Israel continue military actions, oil prices could soar to $200, potentially intensifying inflation and affecting the Bitcoin market. Although Bitcoin has recently rebounded, geopolitical conflicts have caused its performance to remain unstable, and analysts indicate that there may be significant fluctuations in the future, so investors should stay alert to potential risks.
GateNews1h ago
Will the 2026 U.S. midterm elections become a key turning point for Bitcoin? Historical data shows that BTC bear market bottoms often occur before and after major elections.
As the 2026 U.S. midterm elections approach, the market is paying attention to their impact on Bitcoin's price movement. Historical data shows that midterm election years are usually accompanied by market weakness, with Bitcoin experiencing an average decline of 56%. However, the market tends to recover significantly after the elections, with both the S&P 500 and Bitcoin rebounding. Analysts believe that the second half of 2026 could become a key milestone for the Bitcoin market, but caution is advised regarding new impacts brought by changes in market structure.
GateNews2h ago
