#NFPWatch Summary of the NFP for June 2025 (published on July 3, 2025)
147,000 jobs were added, well above the expected 110,000, and an increase from the revised number for May (144K from 139K).
Unemployment fell to 4.1% from 4.2%, surprising the market.
Average hourly wages increased by 3.7% annually, below expectations (3.9%).
🔄 Market Reaction
📈 Initial Rise in Crypto and Stocks
Stocks, gold, and cryptocurrencies experienced fleeting rallies as solid labor data fueled risk sentiment.