US Information sector employment fell another 10,000 jobs in September to . — the lowest since December 2014 once pandemic distortions are stripped out. The sector has shed , (-12.1%) since its November 2022 peak, approaching the 2001 recession's -15.3% drawdown. : Labor deterioration at this scale feeds directly into rate expectations — weaker employment pressures the Fed toward dovish policy. But if the slowdown deepens into broader recession risk, the cross-asset channel turns bearish for BTC and risk assets. The Information sector tracks tech-heavy indices, making this a watchpoint for any acceleration in the months ahead. For BTC, the setup is two-sided: dovish rate expectations are supportive, but a recession-scale labor unwind would hit risk assets broadly. SP500 perps on Hyperliquid offer a direct equity-side expression of this read. source: KobeissiLetter Track real-time signals & trade → https://(hupzy.com)/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2859