Latest US Labor Market Data Breaks Forecasts Again



Week's jobless claims paint a stronger-than-expected picture:

• Initial claims landed at 198K, beating the 215K consensus
• Continuing claims: 1.884M versus 1.893M forecast

The labor market keeps surprising analysts to the upside. Each stronger print adds weight to near-term rate expectations. For crypto traders tracking macro headwinds, this is the kind of data that typically keeps policy pathways more constrained—fewer rate cuts on the table means different assumptions for asset flows and risk appetite across digital assets.
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SelfRuggervip
· 3h ago
Once again, the US labor data has proven unreliable. No one can predict it accurately. Now, the rate hike expectations will have to be pushed back again.
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WenAirdropvip
· 3h ago
The Federal Reserve is disappointed again, which is why the crypto community has been waiting for a rate cut... Strong employment data = no rate cut anytime soon, right?
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GasBanditvip
· 3h ago
Coming again? The Federal Reserve is about to hold again, how are our coins going to rise?
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CryptoSourGrapevip
· 3h ago
Again, tm and beat expectations. Why didn't I get it right? If I had known earlier, I would have gone all in on bearish... --- If I didn't care about the rate cut expectations, that would be great. What should I do now? --- Jobless claims beat expectations again? Alright everyone, let's keep waiting for interest rate cuts. Anyway, I can wait. --- Oh my, this labor data has got my coins on edge... Why is good data always bad news for us? --- If I had known unemployment data would be so strong, I wouldn't have bought the dip. Now it's good that rate cuts are out of the question, and coins haven't risen. --- If I had been more clear-headed at 198K, that would have been great. But now, no rate cut, and coins haven't gone up. --- Forget it, forget it. Since the rate cut is off the table, let's just keep holding on.
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PoolJumpervip
· 3h ago
Once again, the expectations were shattered... If this continues, the Federal Reserve will really have to hold steady, how can our coins go up?
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CryptoTherapistvip
· 3h ago
ngl, labor market healing faster than my portfolio ever did. fewer rate cuts = less copium for alts, we need to do some serious chart meditation here fr fr
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