US labor market showing mixed signals today. Initial jobless claims came in at 208K, beating the 212K forecast, while Challenger job cuts dropped 8.3% year-over-year. The better-than-expected claims number could ease near-term recession fears, though the sustained weakness in hiring remains worth monitoring for risk assets.
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OvertimeSquid
· 01-09 20:48
Good data can't bounce back much; weak recruitment remains weak, and no amount of hype can boost it.
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SleepyValidator
· 01-08 22:27
The employment data looks good, but hiring is still sluggish. We still need to keep watching this game.
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MEVHunterZhang
· 01-08 17:55
Employment data looks a bit better, but weak hiring is the real issue. Can this rebound hold up?
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SeeYouInFourYears
· 01-08 17:54
Employment data is once again this "good and bad" trick, really getting on my nerves.
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AirdropHermit
· 01-08 17:42
Unreal good data, but the real wave of layoffs is still ongoing.
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MEVEye
· 01-08 17:30
Honestly, this data is really just playing with heartbeat. Good news and bad news come mixed together, leaving people feeling uncertain.
US labor market showing mixed signals today. Initial jobless claims came in at 208K, beating the 212K forecast, while Challenger job cuts dropped 8.3% year-over-year. The better-than-expected claims number could ease near-term recession fears, though the sustained weakness in hiring remains worth monitoring for risk assets.