US Jobless Claims Climb to 2-Month High The latest labor da
WhaleWatcherr
Updated at: 3 hours ago
{"content":"US Jobless Claims Climb to 2-Month High
The latest labor data from the U.S. Department of Labor shows initial jobless claims rose by 8,000 to 237,000 in the week ending August 30 — the highest level since June.
While the figures underline growing pressure in the labor market, there has been no immediate policy response or official comment from federal authorities. Market participants are watching closely, as higher claims often feed into broader risk-off sentiment and may influence upcoming economic outlooks.
For now, crypto markets remain steady, with no significant reaction from BTC or ETH. Analysts caution, however, that labor market weakness has historically acted as a trigger for volatility across both traditional and digital assets.
Upcoming reports, particularly the Non-Farm Payrolls, will be key for assessing whether this uptick signals a deeper trend.
#USNonFarmPayrollReport #MacroEconomics #CryptoMarkets ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/05/9d627d2d15244e39a8bfaf55d43df613.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}