🚨🚨The U.S. labor market just issued a RECESSION WARNING signal
Temporary help services – one of the most reliable leading indicators for the economy – are collapsing at an alarming rate. Just in August, jobs in this sector fell by -9,800, dragging the total down to only 2.5 million, the lowest level since the dark days of September 2020.
Here is where it gets even scarier:
👉 Excluding the pandemic collapse, this is the weakest level in 13 years.
👉 On a year-over-year basis, we have now seen 33 consecutive months of declines – the longest losing streak ever recorded.
👉 Since its peak in March 2022, temporary jobs have fallen by -677,000 (-21.3%) – a collapse even greater than that of the 2001 recession.
When temporary jobs disappear, full-time employment usually gets affected next. This is not just noise – it’s a deafening siren indicating that the U.S. labor market is crumbling, and history shows that recessions almost always follow.
💡 Why does this matter for cryptocurrencies? Because a weakened labor market will force the Federal Reserve to act.
As unemployment rises and growth slows down, Jerome Powell will have no choice but to cut rates and flood the system with liquidity. And every time liquidity returns, risk assets – especially Bitcoin and altcoins – soar.
We are on the verge of a massive macroeconomic shift. The labor market is crumbling, the Federal Reserve is cornered, and the next wave of money printing could ignite the biggest cryptocurrency bull cycle we have ever seen.
🔥 Recessions destroy traditional markets. But in cryptocurrencies, they create opportunities for generational wealth.
#USNonFarmPayrollReport