jobs

The latest U.S. employment data adds another piece to an increasingly clear macro picture: the economy is slowing, but not destabilizing. After a long stretch of labor market strength, hiring activity is easing as delayed government data begins to reflect changing conditions more accurately.

Job creation in November came in modestly positive, but well below the pace seen earlier in the year. While the headline figure avoided a sharp downside surprise, the broader trend points to growing caution among employers. This shift becomes more noticeable alongside a rising unemployment rate, which has now reached levels not seen in several years.

October’s revised employment numbers further support this narrative. Payrolls moved lower, reversing prior gains and reinforcing the idea that labor demand is no longer accelerating. Even after accounting for temporary data disruptions, momentum has clearly cooled compared to previous quarters.

Financial markets responded in a measured way. Bitcoin saw a brief pullback before stabilizing, suggesting awareness of macro conditions without signs of panic. Traditional markets showed similar restraint, with limited movement across equities and bonds. Policy expectations also remained largely unchanged, as investors continue to anticipate a steady approach from the Federal Reserve in the near term.

Overall, the data supports a controlled slowdown rather than a sharp downturn. For risk assets, including Bitcoin, this environment keeps macro sensitivity elevated while confidence in a gradual adjustment continues to underpin sentiment.

#US #Jobs #Market #Bitcoin $BTC

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Crypto Malware Disguised as Job Listings Is Preying on Job Seekers. Job seekers are being targeted by a sinister scheme, with fake listings installing hidden cryptocurrency mining malware that silently hijacks systems and drains resources.

Cybersecurity firm Crowdstrike has revealed details of a phishing scheme in a blog post published Tuesday, outlining how attackers manipulate the firm’s hiring procedures to distribute cryptocurrency mining malware.

The attackers deploy fraudulent recruitment emails and a deceptive website to lure victims. These unsuspecting individuals are instructed to download a bogus “employee CRM application,” which instead installs the XMRig cryptominer, a tool that surreptitiously uses the infected system to mine Monero cryptocurrency. The company explained:

A newly discovered phishing campaign uses Crowdstrike recruitment branding to convince victims to download a fake application, which serves as a downloader for the XMRig cryptominer.

This scheme initiates with emails falsely claiming to originate from Crowdstrike’s recruitment department. These messages direct recipients to a phony website mimicking a legitimate employment platform. The website offers downloads compatible with Windows and macOS, but regardless of the selection, a Windows-specific malware executable is delivered.

Upon execution, the malware undergoes multiple verification steps to evade detection by security mechanisms. If these checks succeed, the malware fetches and deploys XMRig, utilizing the system’s processing power to mine cryptocurrency for the attackers. Designed to operate stealthily, the cryptominer limits its resource usage to avoid raising suspicion while gradually impairing the system’s performance over time.

Crowdstrike further discussed the malware’s mechanisms for persistence. The software installs itself within critical system directories and deploys scripts ensuring it reactivates each time the system restarts.

To combat such tactics, the company has urged job seekers to validate all recruitment communications through official channels. It also clarified.#jobs