🚨 U.S. Jobless Claims Update

The latest U.S. Initial Jobless Claims report is out! 📊

Estimated: 219K

Actual: 199K ✅

Fewer Americans than expected filed for unemployment benefits last week, signaling a still-resilient labor market.

💡 What this means:

Labor market remains strong → may keep the Fed cautious on rate cuts.

Markets may see short-term USD and stock volatility as traders digest the data.

📈 Takeaway: Contrary to some circulating reports, claims came in below expectations, not above. The labor market continues to show stability, which could influence Fed decisions in the months ahead.

#USLabor #FedWatch #Markets #economy

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