MyStonks Research Institute: US Non-Farm Payrolls Data Significantly Revised Downward, CPI and Fed Decision in Focus
BlockBeats News, September 10th, the U.S. government said on Tuesday that in the 12 months ending in March of this year, the actual number of new jobs in the United States may have been reduced by 911,000 from previous estimates. This revision shows that job growth was already weakening before Trump imposed tariffs on imported goods.
Previously, economists had expected that the U.S. Bureau of Labor Statistics (BLS) might reduce the level of employment from April 2024 to March 2025 by 400,000 to 1 million jobs. The level of employment from April 2023 to March 2024 had already been reduced by 598,000 jobs. This benchmark revision follows last Friday's report—job growth in August was almost stagnant, and June even saw the first job decline in four and a half years.
Analysis from the MyStonks Research Institute suggests that the labor market is not only affected by trade policy uncertainty but also under pressure due to the White House's tightening immigration policy, limiting labor supply. At the same time, businesses accelerating the application of artificial intelligence and automation have also restrained the demand for manpower.
Most economists believe that the downward revision of employment data has limited impact on monetary policy. The Fed is expected to resume rate cuts in the early hours of September 19th (Thursday, Beijing time), after pausing the easing cycle in January due to tariff uncertainty.
The MyStonks Research Institute will continue to monitor the CPI data released on September 11th to further assess the Fed's policy path.
You may also like

Business Opportunities of Tokenized Stocks

In-depth research report on the Resolv protocol hacking incident, who is the final payer?

Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…

Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…

Hackers in Brazil Use Fake Google Play Store to Steal Cryptocurrency
Key Takeaways Hackers in Brazil are exploiting fake Google Play Store pages to spread Android malware. Infected devices…

Exchanging 200,000 for nearly 100 million, DeFi stablecoins face another attack

The underlying business agreement of the trillion-dollar Agent economy: Understanding ERC-8183, it's not just about payments, but the future

When Wall Street's ETH begins to "yield": Looking at the asset properties of Ethereum from BlackRock's ETHB

The Power of Agency: The Agentic Wallet and the Next Decade of Wallets

Understanding x402 and MPP in One Article: Two Routes for Agent Payments

Particle Founder: The entrepreneurial insights I have gained the most from in the past year

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)

The migration of settlement rights: B18 and the institutional starting point of on-chain banks

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment

The second half of stablecoins no longer belongs to the crypto circle

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations
Business Opportunities of Tokenized Stocks
In-depth research report on the Resolv protocol hacking incident, who is the final payer?
Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…
Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…
Hackers in Brazil Use Fake Google Play Store to Steal Cryptocurrency
Key Takeaways Hackers in Brazil are exploiting fake Google Play Store pages to spread Android malware. Infected devices…