U.S. continuing unemployment claims for the week ending 31/10 fell to 1.697 million, below the forecast of 1.71 million. The previous week was revised slightly from 1.718 million to 1.717 million.

Unemployed workers are finding jobs faster — the U.S. labor market remains resilient, supporting the scenario of a Fed rate hike on 9/12.

$BTC is hovering around $72,600, down 1.3% over 24 hours.

#fed #employment