Mixed Signals for US Job Market: Weekly Claims Rise, Openings Fall, and Bitcoin Consolidates Ahead of Key Data.
TL;DR Summary
The number of workers applying for first-time unemployment benefits in the US rose by 13,000 to 242,000, in line with expectations. The four-week moving average for new claims fell slightly to 239,500. Continuing jobless claims fell by 38,000 to 1.805 million. The gold market is not seeing much reaction to the latest numbers as investors focus on the Federal Reserve's latest monetary policy decision. Gold prices are seeing solid gains Thursday.
Topics:business#economy#federal-reserve#gold-prices#jobless-claims#unemployment-benefits#us-labor-market
- U.S. weekly jobless claims rise by 13K to 242000 Kitco NEWS
- Jobless claims come in higher than expected ahead of April jobs report Fox Business
- Bitcoin Consolidates Ahead of Key US Jobs Data, But Falling Yields Could Signal Incoming BTC Price Pump Cryptonews
- U.S. job openings fall, as layoffs rise CGTN America
- Unemployment Claims Rise to 242,000 in US for April 29, 2023 Bloomberg
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