A post by @WuBlockchain on X.
US Initial Jobless Claims Fall to 189,000, Matching Mid-July’s Near 57-Year Low Again
@WuBlockchain on X
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The reading matches the near 57-year low reached in mid-July, underscoring continued tightness in the US labor market. The lower-than-expected print matters because it reinforces expectations that the Federal Reserve will keep policy restrictive while it watches for further cooling in employment conditions.
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Named in this story
US Department of Labor, Wu Blockchain