StillAliveDl

$ETH 📢 Non-farm payroll data has been released (Beijing Time 21:30)

Quick overview of key data:

- February seasonally adjusted non-farm employment: +275,000 (expected +60,000, previous +130,000)
- Unemployment rate: 4.4% (expected 4.3%, previous 4.3%)
- Average hourly earnings monthly rate: +0.1% (expected +0.3%, previous +0.5%)

 

🧐 Data interpretation

1. Employment exceeds expectations strongly: job gains far surpass expectations, indicating the resilience of the U.S. labor market remains, reinforcing the Fed's pause on rate cuts.
2. Unemployment rate slightly rises: unemployment