According to The Kobeissi Letter, 66% of US consumers now expect unemployment to rise over the next 12 months, marking the highest level of job market pessimism since 2008. This sharp increase, nearly doubling in just four months, signals growing economic uncertainty that could drive heightened volatility in both traditional equities and cryptocurrency markets. Historically, negative job market sentiment has correlated with increased crypto trading volumes as investors seek alternative assets during periods of macroeconomic stress (Source: The Kobeissi Letter, June 4, 2025). Traders should closely monitor US employment data and market sentiment indicators, as ongoing pessimism may influence Bitcoin, Ethereum, and altcoin price action in the coming months.

According to The White House, the @JobCreatorsUSA platform highlights stories from Americans like Mary, reflecting ongoing job market trends in 2025 that traders should monitor for their influence on consumer confidence and spending patterns. As reported by The White House (source: https://twitter.com/WhiteHouse/status/1929702110104277100), strong job creation can drive positive sentiment in risk assets, including cryptocurrencies, as increased disposable income often translates into greater retail investment activity. Crypto traders should track US employment data and sentiment, as labor market resilience historically correlates with bullish momentum in Bitcoin and Ethereum during periods of economic expansion.

According to The Kobeissi Letter, the US job market is showing signs of underlying weakness, with a significant increase in part-time employment. In February, the number of people working part-time jobs while seeking full-time employment surged by 460,000, reaching 4.9 million, the highest level since May 2021. Over the past 2.5 years, the number of underemployed Americans has increased by 1.3 million, indicating a growing trend of underemployment in the US economy.

According to The Kobeissi Letter, the US job market is deteriorating beneath the surface, with a significant increase in underemployment. In February, the number of people working part-time jobs while seeking full-time employment surged by 460,000 to 4.9 million, marking the highest level since May 2021. Over the past 2.5 years, the underemployed population in the US has grown by 1.3 million.