Another red flag is flashing in the US labor market. Job listings have taken a significant hit, dropping 11.1% year-over-year through 2025 to roughly 2.7 million openings—the lowest level since December 2020. This data comes from LinkUp, which tracks job postings directly from company career pages globally. The sharp decline in hiring demand signals growing economic softness. For crypto investors monitoring macro conditions, this kind of employment weakness often precedes broader market volatility and shifts in asset allocation strategies.