December 17: NFP Adds 64,000, Unemployment 4.6%; Bitcoin Signals Bullish Divergence

November NFP showed 64,000 jobs added, while unemployment climbed to 4.6%, the highest since September 2021. The series also recorded 105,000 losses in October and a 33,000 downward revision for August–September. On December 16, Joseph Wang and Anna Wong noted labor softness and disinflation that could give the Fed scope to cut rates.