The number of jobs in the U.S. has sharply declined, and the unemployment rate has soared; a potential financial crisis is quietly brewing!

First of all, the biggest financial backer in the crypto space, Wall Street, has encountered trouble. Employment data has continuously faltered, with the latest unemployment figures showing that the number of initial unemployment claims exceeded expectations by an increase of 10,000, a rise of over 5%. This marks the second consecutive increase in unemployment numbers.
Then the other employment data, the small non-farm ADP, also collapsed. The expected new jobs were 110,000, but the actual new jobs were only 37,000. It’s simply a cut after cut. The negative effects caused by tariffs have already begun to quietly emerge. Economic indicators are giving warnings. The current false prosperity may just be an illusion, and a recession or even a financial crisis is brewing.
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