January is shaping up to be rough on the labor front. More than 100 companies across the country have already filed WARN notices—that's the formal heads-up employers give when they're cutting staff.

This kind of data point matters if you're thinking about broader economic cycles. When corporate layoffs pick up, it usually signals something about how businesses see the months ahead. The Fed keeps talking about interest rates and inflation, but these on-the-ground employment trends? They tell a different story sometimes.

For those watching crypto markets, macro conditions like this feed into asset allocation decisions. People tend to get more conservative when jobs are getting cut. Worth keeping an eye on how this plays out through Q1.