U.S. jobs report
Coverage of U.S. jobs report in the Nexus archive.
- Spot bitcoin ETFs log $1.7 billion in weekly outflows, largest since February 2025
Spot bitcoin ETFs recorded $1.7 billion in weekly outflows, the largest since February 2025, driven by macroeconomic headlines. The outflows were primarily attributed to a stronger-than-expected U.S. jobs report, according to an analyst.
- Why hiring surged in May despite strain from the Iran war
The U.S. jobs report showed 172,000 jobs added in May, marking the third consecutive month of job gains. The labor market remains strong despite concerns over the Iran war, rising prices, and artificial intelligence. Diane Swonk, chief economist at KPMG, provided analysis on the report.
- Strong U.S. Jobs Report Lowers Recession Risks Despite Wage Growth Lagging Inflation
Gene Sperling discussed the recent U.S. jobs report, which showed stronger-than-expected job creation, lowering recession risks despite wage growth lagging inflation. He noted that some job gains, like 70,000 hospitality jobs, may be influenced by seasonal factors such as World Cup-related hiring.