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The US Unemployment Rate Unexpectedly Drops, Non-Farm Payrolls Beat Expectations

By: theblockbeats.news|2025/07/03 13:06:49

BlockBeats News, July 3rd: The US recorded a 4.1% unemployment rate in June, with the data unexpectedly decreasing. The US seasonally adjusted non-farm employment population recorded an increase of 147,000 in June, beating market expectations. (Xinhua News Agency)

After the Non-Farm Payrolls Report was released, interest rate futures traders abandoned their bets on a July Fed rate cut.

Many XStonks on-chain US stocks decoupled, HOODX once exceeded $800