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July NFP Crushes expectations...



• US Nonfarm Payrolls: -23K (est. +80K)
• Unemployment Rate: 4.1% (est. 4.2%)
• Avg Hourly Earnings: +0.1% m/m (est. +0.3%) | +3.2% y/y (est. +3.5%)
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NFPNFP+3.00%

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BorrowingBuddy
2026-08-08
Average hourly earnings rose just 0.1% month-on-month, suggesting wage inflation pressure may not be that significant. Can the Fed breathe a sigh of relief?
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GasWarrior
2026-08-07
These nonfarm payrolls figures are ridiculous—expected 80,000, actual -23,000? 😅
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FakeNFTHunter
2026-08-07
The unemployment rate did fall, but employment declined—these figures really contradict each other.
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DrawdownHunter
2026-08-07
Employment can decline while the unemployment rate falls only if the labor force participation rate drops or there are issues with the statistical methodology. Don’t rush to interpret it—wait and see next month’s revisions.
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SRArtisan
2026-08-07
This data mix is nuanced: weak employment, cooling wages, but the unemployment rate is still fine. It may be a short-term positive for crypto, as rate-cut expectations are heating up again—but don't celebrate too soon.
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GridWeaver
2026-08-07
I just want to know whether the economists who predicted +80k are embarrassed—actual figure: -23k, an error of over 100,000. This model needs to be rebuilt from scratch, right?
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ParabolicRider
2026-08-07
First Review
Honestly, when this kind of nonfarm payrolls data comes out, the market’s first reaction is definitely to pay its respects with a drop. But with the unemployment rate also below expectations, could this be a sign of stagflation? It warrants careful consideration.
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