Tag: United States economy
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Crypto Markets Slip as Strong US Jobs Data Sparks Rate Hike Fears
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The United States economy added 256,000 jobs in December, far exceeding economists’ forecast of 160,000, according to the Bureau of Labor Statistics. This uptick marks a significant rise from November’s revised 212,000 figure. The unemployment rate also unexpectedly dipped to 4.1%, below the anticipated 4.2%, signaling a robust labor market. These strong figures challenge the…