According to The Kobeissi Letter, the US labor market is showing signs of deeper weakness as permanent job losses surged by 105,000 in April, reaching 1.92 million—the highest level since October 2021 (source: Twitter, @KobeissiLetter, May 14, 2025). This sharp rise, a 63% increase since September 2022, signals softening economic fundamentals that could impact investor sentiment and trigger increased volatility in both traditional equities and cryptocurrency markets. Traders should monitor labor market data closely as rising unemployment has historically led to shifts in risk appetite and potential capital flows toward safe-haven or alternative assets such as Bitcoin and Ethereum.

According to The Kobeissi Letter, the US labor market is showing significant weakness beneath the surface, with permanent job losses rising by 105,000 in April to 1.92 million—marking the highest level since October 2021. Since September 2022, these losses have surged by 737,000, or 63%, signaling a deteriorating employment landscape (source: The Kobeissi Letter, Twitter, May 14, 2025). For cryptocurrency traders, this growing economic uncertainty often translates into heightened volatility across digital assets as investors seek alternative hedges and reassess risk. Historically, worsening labor market data has led to both safe-haven flows into Bitcoin and altcoins as well as rapid liquidations, depending on broader macro sentiment. Traders should watch for increased price swings and liquidity shifts in major crypto pairs following such labor data releases.

According to The Kobeissi Letter, the number of long-term unemployed Americans surged to 1.67 million in April 2025, marking the highest level since February 2022. Over the past two years, Americans unemployed for 27 weeks or more increased by approximately 600,000 (Source: The Kobeissi Letter, Twitter, May 7, 2025). This persistent weakness in the US labor market may increase economic uncertainty, often leading traders to seek alternative assets such as Bitcoin and Ethereum. Historically, rising unemployment has correlated with heightened volatility in both traditional markets and digital assets, presenting potential trading opportunities in crypto hedging and volatility strategies.

According to The Kobeissi Letter, the number of long-term unemployed Americans surged to 1.67 million in April 2025, marking the highest level since February 2022. Over the past two years, those unemployed for 27 weeks or more increased by approximately 600,000. This trend signals persistent labor market weakness, which could impact consumer spending and overall economic sentiment. For crypto traders, elevated long-term unemployment may drive increased volatility as investors hedge against macroeconomic uncertainty by reallocating assets into digital currencies. These labor market shifts are crucial for crypto market positioning (source: The Kobeissi Letter, Twitter, May 7, 2025).

According to The Kobeissi Letter, the percentage of US consumers who believe there will be fewer jobs over the next six months has surged to 26% as of February. This marks the highest level of concern in 12 years, surpassing levels seen in 2020 and aligning with those from 2001. Such sentiment indicates potential economic challenges that could impact market confidence and trading strategies.