📍 US unemployment benefit data: labor is not yet broken.

📌 First-time unemployment claims: 236K

🔸 Higher than the forecast of 220K

🔸 Higher than last week 192K -> showing a slight increase, but not yet a bad signal

📌 Number of people continuing to receive benefits: 1.838M

🔸 Lower than the forecast of 1.950M

🔸 Note: this index lags behind first-time claims by 1 week, reflecting a slower trend

📌 Fluctuations by state (NSA):

🔸 California

🔸 Illinois

🔸 New York

🔸 Texas

-> Major states causing short-term data noise

📌 Conclusion:

🔸 The labor market remains balanced

🔸 Compared to last week, the data shows slight improvement

🔸 Not creating pressure for the Fed to pivot or react hastily

en|#USJobsData