๐จ BREAKING: U.S. Initial Jobless Claims Higher Than Expected
The U.S. Department of Labor reports 231,000 initial jobless claims, coming in above forecasts and hinting at possible softness in the labor market.
๐ Higher claims = cooling employment pressure
๐ผ Could influence rate expectations and risk assets
๐ Source: U.S. Department of Labor (official release)
Markets will be watching macro data closely from here.