U.S. nonfarm payrolls increased by only 64,000 in November, falling short of expectations and raising concerns on the fear and greed index. Economist Justin Wolfers highlighted that adjustments for revisions and job losses since the implementation of Trump's 'Freedom Day' tariffs indicate minimal net growth. Official figures may be overstated by 60,000 jobs monthly, suggesting an actual monthly loss of 40,000 jobs. Both public and private sectors are experiencing a slowdown, with layoffs and hiring freezes becoming more common. Kevin O’Leary noted potential for a Federal Reserve rate cut, though high inflation presents challenges. California's Governor Newsom criticized Trump, pointing to rising unemployment as indicative of a 'hiring recession.' Meanwhile, traders are closely monitoring altcoins amid increasing market uncertainty.