âĄď¸The US labor market is signaling again
đ New unemployment claims:
⢠210K (actual)
⢠211K (expected)
⢠205K (previous)
đ Continuing claims:
⢠1 819K (actual)
⢠1 860K (expected)
⢠1 851K (previous)
What does this mean?
⤠There are no mass layoffs â new claims are almost not growing.
⤠But the number of people who remain unemployed for a long time is still high.
⤠This is a signal that the labor market is cooling slowly but steadily.
Why is this important for crypto and markets?
⤠The weaker the labor market â the higher the chance that the Fed will start lowering rates.
⤠And lowering rates = more liquidity and more interest in risk assets (stocks, BTC, altcoins).
This is not a crisis, but it is not strong either.
The labor market is holding up, but cracks are already visible.
This is not financial advice.
#FOMCâŹâŠ #USACRYPTO $BTC $BNB