Navigate Select ESC Close

Unemployment Rate Rises to 4.2%

2025-08-01 Entertainment
62.2k
2.5k
124
Benjamin Cowen
Benjamin Cowen
995.0k subscribers

Labor Market Weakness Drives Increased Fed Rate Cut Probability

Analyze the recent labor report showing underlying weakness in job growth, determining how this significantly shifts market expectations for a Federal Reserve rate cut in September.

Short Summary

  • Unemployment remains stable at 4.2%, but underlying job additions were significantly revised down across historical data points.
  • Market expectations for a September rate cut surged from 39% to over 80% immediately following the weak employment figures.
  • New entrants to the labor force are struggling disproportionately to find employment, indicating a slowdown in hiring activity.
  • The pace of Ethereum’s potential market cycle top valuation is directly tied to its immediate ability to break $4K resistance.

This discussion breaks down specific data revisions from the latest labor report, analyzes the Federal Reserve's likely reaction function considering inflation fears, and reviews key technical signals for Bitcoin and Ethereum.

Unlock all features

FREE: Get instant access to 10 AI summaries, chats, or transcripts per day.

Description

The unemployment rose to 4.2% while prior jobs were revised away. Will this make the Fed cut in September? Follow the ITC Macro account on X: https://x.com/ITC_Macro Into The Cryptoverse Premium SALE: https://intothecryptoverse.com Into The Cryptoverse Newsletter: https://newsletter.intothecryptoverse.com/ LIFETIME OPTION: https://intothecryptoverse.com/product/subscription-to-the-premium-list-lifetime/ Alternative Option: https://www.patreon.com/intothecryptoverse Merch: https://store.intothecryptoverse.com/ Disclaimer: The information presented within this video is NOT financial advice. Telegram: https://t.me/intocryptoverse Twitter: https://twitter.com/intocryptoverse TikTok: tiktok.com/@benjamincowencrypto Instagram: https://www.instagram.com/bjcowen/ Discord: https://discord.gg/UGwc6eR Facebook: https://www.facebook.com/groups/intothecryptoverse Reddit: https://www.reddit.com/r/intothecryptoverse/ Website: https://intothecryptoverse.com/

Top Comments (10)

@deweybewey 2025-08-02

I work in construction and we are laying off people every week, we had over 900 employees and now down to 650 ish yeah it’s getting rough

95 2 replies
@bluelantern5241 2025-08-02

Remember when they told the cole miners to learn to code, but it ended up being the coders who lost their jobs first to automation. They actually had to code the programs that replaced them.

63 2 replies
@DAzE1418 2025-08-02

the misprint on jobs data is different this time because it's 100k off

63 1 replies
@its_emilys_liferaleigh445 2025-08-02

I lived in the Bellevue Washington area and tech has been laying off for the last 2 years. Also college graduates were having a hard time getting jobs and were settling for service hospitality jobs. This has been the situation for years and I thought Powell was late years ago. Jobs report has always been skewed.

20
@itsjyle 2025-08-02

Gentlemen, start the engine.

16
@kamheed 2025-08-02

For me, the scary thought is, that the market will price in sept rate cut but tariff inflation hits at that point, meaning it doesn't happen. and markets nuke.

15 1 replies
@jonathanturner4219 2025-08-02

It's starting to look like stagflation.

15 1 replies
@benjaminjcowen 2025-08-01

Into The Cryptoverse Premium SALE: https://intothecryptoverse.com

13 4 replies
@Soydeluz 2025-08-02

grande benjamin un saludo desde chile. un abrazo

11
@sergeikuznetzov4110 2025-08-02

Our team was fired due to AI. So I am jobless now

2

Unlock the Data Inside
Turn Videos into Knowledge

  • Get FREE 10/day: transcripts, summaries, chats
  • Chat with videos, export text & PDF
  • $1 free API credit for RAG, chatbots & research

Free forever plan • All features unlocked

App screenshot