The post Bitcoin Climbs as US Jobs Market Cracks Widen appeared on BitcoinEthereumNews.com. The US labor market sent shockwaves through Wall Street, with Bitcoin (BTC) moving in response. Data shows that the August jobs report delivered the weakest payroll gains since 2021, raising alarms about the health of the US economy while fueling fresh demand for alternative assets like crypto. Bitcoin Gains as Investors React to Cracks in the US Employment Picture Sponsored Sponsored The US Bureau of Labor Statistics (BLS) reported that the economy added only 22,000 jobs in August, far below forecasts of 75,000. Meanwhile, the unemployment rate climbed to 4.3%, its highest since October 2021. This highlights cracks in a labor market that had previously appeared resilient. Revisions to past reports deepened the gloom, with June and July figures revised down by a combined 285,000 jobs. “That’s a total of -285,000 jobs in 2 months. What is happening here?” analysts posed. Heather Long of The Washington Post highlighted the August print as another weak jobs report. However, while wages rose 3.7% year-on-year (YoY), outpacing inflation at 2.7%, the broader slowdown is undeniable. JUST IN: Another WEAK jobs report. The US economy added only 22,000 jobs in August. That’s much weaker than expected. The unemployment rate rose to 4.3% –>Highest since October 2021. June job growth was revised down to -13,000 (!). July was revised up slightly to 79k (from… pic.twitter.com/qCzGwx6Zro — Heather Long (@byHeatherLong) September 5, 2025 The deterioration comes with striking detail. Bloomberg reported that American companies announced just 1,494 new jobs in August, the lowest for that month since 2009. Meanwhile, layoffs surged 39% to 85,979. Sponsored Sponsored You don’t realize how weak the economy is right now. If you have a job, hold onto it for dear life. Because if you get fired, it’s going to take you years to find another one. pic.twitter.com/U7tET4y4f1 — Spencer Hakimian… The post Bitcoin Climbs as US Jobs Market Cracks Widen appeared on BitcoinEthereumNews.com. The US labor market sent shockwaves through Wall Street, with Bitcoin (BTC) moving in response. Data shows that the August jobs report delivered the weakest payroll gains since 2021, raising alarms about the health of the US economy while fueling fresh demand for alternative assets like crypto. Bitcoin Gains as Investors React to Cracks in the US Employment Picture Sponsored Sponsored The US Bureau of Labor Statistics (BLS) reported that the economy added only 22,000 jobs in August, far below forecasts of 75,000. Meanwhile, the unemployment rate climbed to 4.3%, its highest since October 2021. This highlights cracks in a labor market that had previously appeared resilient. Revisions to past reports deepened the gloom, with June and July figures revised down by a combined 285,000 jobs. “That’s a total of -285,000 jobs in 2 months. What is happening here?” analysts posed. Heather Long of The Washington Post highlighted the August print as another weak jobs report. However, while wages rose 3.7% year-on-year (YoY), outpacing inflation at 2.7%, the broader slowdown is undeniable. JUST IN: Another WEAK jobs report. The US economy added only 22,000 jobs in August. That’s much weaker than expected. The unemployment rate rose to 4.3% –>Highest since October 2021. June job growth was revised down to -13,000 (!). July was revised up slightly to 79k (from… pic.twitter.com/qCzGwx6Zro — Heather Long (@byHeatherLong) September 5, 2025 The deterioration comes with striking detail. Bloomberg reported that American companies announced just 1,494 new jobs in August, the lowest for that month since 2009. Meanwhile, layoffs surged 39% to 85,979. Sponsored Sponsored You don’t realize how weak the economy is right now. If you have a job, hold onto it for dear life. Because if you get fired, it’s going to take you years to find another one. pic.twitter.com/U7tET4y4f1 — Spencer Hakimian…