Mixed Signals in the U.S. Job Market Make the Federal Reserve's Interest Rate Decisions More Complex

CoinVoice has recently learned that, according to reports from Jin Shi, data from the U.S. Department of Labor shows that the number of initial unemployment claims decreased last week, indicating that despite a cooling job market, the U.S. economy has avoided large-scale layoffs. The number of continuing unemployment claims reached the highest level in three years.

Since the beginning of this year, labor market data has shown mixed signals, making the Federal Reserve's interest rate decisions more complex as it balances employment and inflation targets. [Original link]