๐บ๐ธ U.S. LABOR MARKET REMAINS RESILIENT
$BTC
The U.S. job market is showing little sign of cracking. ๐
Weekly jobless claims slipped to 197K, down 1K from the prior week, while the 4-week average fell to 202,250. Layoffs also eased in September.
๐ Key macro signals:
๐น Inflation is cooling
๐น Hiring momentum has slowed
๐น Layoffs remain relatively low
๐น Jobless claims are still near historic lows
For the Fed, the picture remains mixed. Softer inflation could support easier policy expectations, but a resilient labor market may keep policymakers cautious.
๐ Markets are watching both inflation and employment closely.
#Bitcoin #Crypto #Fed #Economy #Markets
$BTC
The U.S. job market is showing little sign of cracking. ๐
Weekly jobless claims slipped to 197K, down 1K from the prior week, while the 4-week average fell to 202,250. Layoffs also eased in September.
๐ Key macro signals:
๐น Inflation is cooling
๐น Hiring momentum has slowed
๐น Layoffs remain relatively low
๐น Jobless claims are still near historic lows
For the Fed, the picture remains mixed. Softer inflation could support easier policy expectations, but a resilient labor market may keep policymakers cautious.
๐ Markets are watching both inflation and employment closely.
#Bitcoin #Crypto #Fed #Economy #Markets
