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Employment
What a Strong Labor Market Means for Crypto Markets
A report by the Labor Department on Friday showed U.S. employers added 528,000 jobs, exceeding economists’ average estimate, with the unemployment rate remaining at 3.5%. Bitcoin’s price fell modestly following the report. Hxro co-founder & CEO Dan Gunsberg discusses what this means for crypto and whether bitcoin has bottomed out.
US Adds 528K Jobs in July, More Than Doubling Estimates; Bitcoin Dips
Investors are likely to expect the Federal Reserve to continue aggressively hiking interest rates in response.
Crypto Jobs: Who’s Hiring and Firing?
Since May, several crypto firms have reduced the sizes of their workforce amid the market rout while others have gone on hiring sprees.
'Pomp' on Blockchain Jobs Outlook: 'Huge Trend of Brain Drain From Wall Street to Crypto'
Entrepreneur and investor Anthony "Pomp" Pompliano joins "Community Crypto" host Isaiah Jackson to discuss key takeaways and trends he's seeing in the crypto job market amid a wave of layoffs and hiring freezes across the industry.
Australian Crypto Exchange Banxa Lays Off 70
The company cited the "crypto winter" for the move that reduced its staff by 30%.
Crypto Work Survey
CoinDesk wants your participation to learn how crypto is changing the nature of work.
Bitcoin Below $30K after Jobs Report Tops Expectations
Employers added 390,000 jobs in May, while the unemployment rate remained at 3.6% for the third consecutive month. "The Hash" panel discusses how macroeconomic factors are impacting the crypto market.
Coinbase Outlines Cost-Cutting Measures, Employee Grants Amid Weak Results and Crypto Rout: Report
The report based on internal emails seen by The Information comes after Coinbase said earlier this week it will slow hiring.
Labor Costs Jump by Most in 2 Decades, Adding to Inflationary Surge
This move adds more pressure on the Federal Reserve to hike rates fast.
