On November 26, against the backdrop of continued economic uncertainty in the United States, the number of Americans filing initial jobless claims last week unexpectedly fell to its lowest level since mid-April, remaining at a relatively low level.In the week ending November 22, initial jobless claims fell by 6,000 to 216,000, below the median forecast of 225,000 in an economist survey.Recent surveys show that Americans are increasingly concerned about the labor market. The consumer confidence index in November fell by the largest margin in 7 months, partly due to more pessimistic expectations about finding a job.Federal Reserve officials have lowered interest rates at their last two policy meetings, focusing on supporting the slowing labor market. But policymakers are divided on whether to support another rate cut at their last meeting of the year in December as they try to strike a balance between a weak labor market and stubbornly high inflation.[BlockBeats]
On November 26, against the backdrop of continued economic uncertainty in the United States, the number of Americans filing initial jobless claims last week unexpectedly fell to its lowest level since mid-April, remaining at a relatively low level.In the week ending November 22, initial jobless claims fell by 6,000 to 216,000, below the median forecast of 225,000 in an economist survey.Recent surveys show that Americans are increasingly concerned about the labor market. The consumer confidence index in November fell by the largest margin in 7 months, partly due to more pessimistic expectations about finding a job.Federal Reserve officials have lowered interest rates at their last two policy meetings, focusing on supporting the slowing labor market. But policymakers are divided on whether to support another rate cut at their last meeting of the year in December as they try to strike a balance between a weak labor market and stubbornly high inflation.[BlockBeats]
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