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The U.S. initial jobless claims unexpectedly decreased, and there is a divergence in the Federal Reserve's December rate cut decision.
BlockBeats News, November 26th, against the backdrop of ongoing economic uncertainty in the United States, the number of initial jobless claims unexpectedly decreased last week, hitting the lowest level since mid-April and remaining at a relatively low level.
In the week ending November 22nd, the number of initial jobless claims decreased by 6,000 people to 216,000 people, below the median economist survey forecast of 225,000 people.
A recent survey shows that Americans' concerns about the labor market are growing. The Consumer Confidence Index in November saw its largest drop in 7 months, partly due to more pessimistic job-finding expectations.
Federal Reserve officials have cut interest rates in the last two policy meetings, with a focus on supporting the slowing labor market. However, policymakers are divided on whether to support another rate cut at the final meeting of the year in December as they seek to balance a soft labor market with stubbornly low inflation. (Jinshi)
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