US Initial Jobless Claims (w/e October 31): 189,000
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US Jobless Claims Fall to 189K, Continuing Claims Rise to 1.72M
Initial jobless claims dropped 6,000 to 189K in the week ending October 31, beating the 197K forecast, while continuing claims climbed 23,000 to 1.718M. Labour market tightness is mixed; tomorrow's Non-Farm Payrolls and Average Hourly Earnings will clarify wage pressure amid Democrat midterm gains and dollar weakness.
https://x.com/DeItaone/status/2118335144255721967US Initial Jobless Claims Fall to 189K from 194K
Initial jobless claims dropped 5,000 to 189K, below the 196K forecast, signalling continued labour-market tightness ahead of tomorrow's Non-Farm Payrolls report. Tighter labour conditions support higher wage growth expectations, a key USD driver amid post-election fiscal uncertainty and shifting Fed rate-cut bets.
https://x.com/FirstSquawk/status/2118335096117936195US Initial Jobless Claims Fall to 189K, Layoffs Remain Subdued
Initial jobless claims dropped to 189K in the week ending October 31, beating expectations of 197K and falling from a revised 195K prior. The four-week moving average declined to 194.75K, signaling continued restraint in layoff activity. However, continuing claims edged higher, warranting close monitoring of labor-market momentum ahead.
https://www.actionforex.com/live-comments/659958-us-jobless-claims-fall-to-189k-as-layoffs-stay-subdued-but-continuing-claims-edge-higher/New to MyTradingLand?
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