U.S. unemployment rate spike drives Treasury yields down and Bitcoin holds steady

Quick Take Data from Trading Economics shows that on today’s latest US jobs data revealed a surprising spike in the unemployment rate, which soared to 4.3%, exceeding the consensus expectation of 4.1%. Non-farm payrolls were particularly disappointing, with only 114,000 jobs added compared to the anticipated 175,000, marking a significant miss. The weak employment report […] source: https://cryptoslate.com/insights/u-s-unemployment-rate-spike-drives-treasury-yields-down-and-bitcoin-holds-steady/