Planned layoffs in the United States surged by 205% in January, reaching 108,435, marking the highest level since 2009. This significant increase reflects a cooling labor market, which may prompt the Federal Reserve to consider rate cuts. Such monetary policy adjustments could potentially bolster risk assets, including Bitcoin, as investors seek alternative investment opportunities.
US Layoffs Spike 205% in January, Highest Since 2009
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
