# NonFarmPayrolls

#NonfarmPayrollsComing
Weak Data, Strong Signal: Why Markets Reacted Calmly to NFP Miss
The latest U.S. Non-Farm Payrolls came in below expectations, but instead of panic, markets interpreted it as a policy signal rather than an economic shock.
A softer labor print reinforces one key narrative:
Monetary easing expectations remain intact.
Historically, such data creates a short-term liquidity tailwind for risk assets. Falling yields and a weaker dollar reduce the opportunity cost of holding assets like Bitcoin, especially when institutional inflows continue to act as a price floor.
What This

📊 Gate Square Hot Topic | #非农数据超预期
The latest U.S. non-farm payroll data delivered a mixed but meaningful signal to the market.
In November, 64,000 new jobs were added — above expectations — yet the unemployment rate climbed to 4.6%. At the same time, October payroll numbers were revised downward by 105,000, marking the largest revision since the pandemic.
At first glance, job growth suggests resilience. But when we zoom out, the picture becomes more nuanced:
Rising unemployment
Significant downward revisions
Slowing wage momentum
All of these point toward a cooling labor market rather than a