U.S. Inflation Pressures Further Eased as Wage Growth Slows to Four-Year Low

By: theblockbeats.news|2025/12/10 22:15:54
0
Share
copy

BlockBeats News, December 10th. On Wednesday, the U.S. Bureau of Labor Statistics data showed that the annual growth rate of labor costs in the third quarter slowed to 3.5%, the slowest pace in four years, highlighting a continued cooling of the job market, which helps alleviate inflationary pressure; quarter-on-quarter growth was 0.8%.

This data reinforces signs of weakening momentum in the current job market, with many employers slowing down their hiring pace and some companies even starting to lay off employees. For the Federal Reserve, which is expected to announce a rate cut later on, the slowdown in labor cost growth is seen as a positive signal for curbing inflation.

The previous day's data showed a decrease in business hiring and an increase in layoffs to the highest level since early 2023; meanwhile, the voluntary quit rate fell to the lowest level since 2020, reflecting a weakened confidence among workers in job-hopping prospects. At the same time, wage growth has also slowed, with a particularly noticeable pullback in the salaries of younger employees. (Jin10)

You may also like

Stop Talking About Gold, Bitcoin Is Not a Safe Haven Asset

One cannot rely on macro narratives like "Gold Rotation" to determine whether Bitcoin has bottomed. True bottom signals will only appear during position unwinding and extreme pessimistic sentiment.

Aave Founder: What Is the Secret of the DeFi Lending Market?

When on-chain lending becomes significantly cheaper to operate end-to-end compared to traditional lending, mass adoption becomes not a question of if, but of when.

The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes

What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.

How Smart Money Tracker Survived Live AI Trading at WEEX AI Hackathon

Discover how WEEX AI Trading Hackathon tested strategies with real capital—no simulations. See how Smart Money Tracker survived flash crashes and leveraged 18x in live markets.

80% Win Rate to 40% Drawdown: An AI Trader's Brutal Recalibration at WEEX AI Wars

Dive into the technical blueprint of an AI trading system built on LLaMA reasoning and multi-agent execution. See how Quantum Quaser uses confidence thresholds & volatility filters at WEEX AI Wars, and learn the key to unlocking 95% win rate trades.

AI Trading Strategy Explained: How a Beginner Tiana Reached the WEEX AI Trading Hackathon Finals

Can AI trading really outperform human emotion? In this exclusive WEEX Hackathon finalist interview, discover how behavioral signal strategies, SOL trend setups, and disciplined AI execution secured a spot in the finals.

Popular coins

Latest Crypto News

Read more