The price of bitcoin (BTC) was steady at $16,750 in the minutes following the report. Even as the headline 223,000 jobs gained topped expectations, the slowdown trend in employment growth is clear. Monthly job gains in the first half of 2022 were routinely above 300,000, and December’s 223,000 is the weakest since April 2021.
U.S. Adds Better Than Expected 223K Jobs in December, Unemployment Rate Falls to 3.5%
