Fresh unemployment claims just hit 191k—lowest we've seen in over three years. That's way below what analysts were calling for. While other economic indicators have been sending mixed signals lately, the labor market seems to be holding up better than expected. All eyes now turn to the Fed's upcoming meeting where rate cut possibilities are very much on the table. Market's definitely paying attention to this one.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
FastLeavervip
· 12-05 00:57
Is 191k real? Feels like the data has all been beautified.
View OriginalReply0
NFTArchaeologisvip
· 12-05 00:56
The unemployment figure of 191k being pushed down is somewhat reminiscent of the early Bitcoin narrative of "breaking expectations"—everyone was waiting for bad news, but instead, good news arrived. However, just how deeply this kind of "good" needs to be supported before it can be written into history.
View OriginalReply0
GasFeeCrybabyvip
· 12-05 00:53
191k? Damn, is that for real? This data makes it seem like the Fed is about to start pumping out money like crazy.
View OriginalReply0
RektRecordervip
· 12-05 00:51
The unemployment data looks so good—am I missing some kind of pitfall here?
View OriginalReply0
MetaMaximalistvip
· 12-05 00:42
ngl, labor market resilience is kinda the last thing propping up this whole macro narrative rn... but here's what the traditional finance crowd misses—they're still thinking in legacy frameworks when the real adoption curve is happening in spatial computing infrastructure. fed cuts won't matter if liquidity just flows into chain-agnostic protocols instead of equities lmao
Reply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)