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U.S. weekly jobless claims fall to 196k.
Initial claims drop 10,000 to 196,000 for the week ended September 12. The figure lands at its lowest level since July and comes in well below forecasts near 208,000.
The Labor Day holiday likely influenced the reading. The four-week average also edges lower. Continuing claims decline to 1.73 million.
The data points to ongoing labor market resilience even after the Federal Reserve’s recent rate hike. Markets continue to watch the employment backdrop closely.
$BTC $ETH $BNB
#USWeeklyJoblessClaimsFallTo196K
UNI $7.71 (+18.00%)
MMT $0.1439 (+14.21%)
U.S. weekly jobless claims fall to 196k.
Initial claims drop 10,000 to 196,000 for the week ended September 12. The figure lands at its lowest level since July and comes in well below forecasts near 208,000.
The Labor Day holiday likely influenced the reading. The four-week average also edges lower. Continuing claims decline to 1.73 million.
The data points to ongoing labor market resilience even after the Federal Reserve’s recent rate hike. Markets continue to watch the employment backdrop closely.
$BTC $ETH $BNB
#USWeeklyJoblessClaimsFallTo196K