Major Economic Downturn Ahead - Labor Market Loses 623,000 Jobs and Employers Stop Hiring

Major Economic Downturn Ahead - Labor Market Loses 623,000 Jobs and Employers Stop Hiring

June 22, 2025

U.S. DOLLAR COLLAPSE - FOLLOW THE MONEY

According to The Kobeissi Letter, the US labor market is showing significant weakness as full-time employment dropped by 623,000 in May 2025, marking the fourth largest monthly decline in the past five years and the second monthly drop this year (source: The Kobeissi Letter, Twitter, June 20, 2025).

This reduction in full-time employment's share of the labor force may signal a slowing US economy, which could drive increased interest in safe-haven assets such as Bitcoin (BTC) and other cryptocurrencies.

Traders should closely monitor these labor trends, as a weaker labor market could influence Federal Reserve policy and impact both traditional and crypto markets.

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Original: https://youtu.be/OeTCr4PNJn8

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