Unemployment Rate Holds At 4.2%

By: bitcoin ethereum news|2025/05/02 22:00:04
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Topline The labor market showed signs of steadiness in April as the U.S. added more jobs than expected, according to a Bureau of Labor Statistics report out Friday morning, as the economy walks the recession tightrope. Goldman Sachs forecasts unemployment will spike to 4.7% by year’s end, the highest level since ... More September 2021. Key Facts The U.S. added 177,000 non-farm jobs from March to April, the Labor Department said. Economists expected job growth of 133,000, according to median forecasts compiled by Dow Jones. The unemployment rate was 4.2% last month, meeting projections of 4.2%, where it stood last month. But the Labor Department revised down February and March job growth by 15,000 and 43,000, respectively, equating to 58,000 fewer positions added than previously reported. “Employment strong,” President Donald Trump celebrated in a post to his Truth Social platform following the release. Crucial Quote “No signs of tariff stress in the labor market yet—strong hiring and stable wages,” Jamie Cox, managing partner for Harris Financial Group, wrote in emailed comments. Big Number $36.06. That was the average hourly earnings for non-farm American workers in April, a new record. Wages grew 3.8% year-over-year, outpacing both of the most commonly cited measures of inflation, a sign of strength for consumers’ spending power. Key Background A handful of companies have announced layoffs tied to tariffs, including automakers General Motors and Stellantis, while delivery giant UPS said this week it expects to cut 20,000 positions this year. There were about 603,000 announced layoffs through 2025’s first five months, a year-over-year increase of 87%, according to job placement firm Challenger, Gray & Christmas. Challenger traces about 48% of 2025’s job cuts to the Department of Government Efficiency (DOGE), the Elon Musk-led White House division reshaping the federal government. Economists largely view whether the U.S. enters a recession this year as a tossup. Gross domestic product, the most comprehensive measure of economic activity, registered its worst reading since early 2022 during the first quarter, shrinking 0.3%. What To Watch For Whether recession angst results in labor market deterioration. Goldman Sachs forecasts the unemployment rate will end 2025 at 4.7%. That would be the highest jobless rate since September 2021. Excluding the 2020-21 spike, the unemployment rate had not been 4.7% or higher since January 2017, the first month of Trump’s initial stint in the Oval Office. Further Reading Forbes Tariff Layoff Tracker: Mack Trucks, Volvo Cut Hundreds Of Jobs As Trump’s Levies Pose ‘Market Uncertainty’ By Ty Roush Forbes DOGE Accounts For Nearly Half Of All 2025 Layoffs, Report Finds By Molly Bohannon Source: https://www.forbes.com/sites/dereksaul/2025/05/02/us-added-177000-jobs-in-april-as-unemployment-rate-holds-at-42/

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On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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