US Jobless Claims Fall Slightly—But Is the Labor Market Quietly Weakening?
For Forex traders—especially those learning through GME Academy (Global Markets Eruditio)—employment data is one of the most important indicators affecting the US Dollar (USD).
US Jobless Claims Hold at 232K: What This Means for the Economy and Forex Traders
The latest data from the US Department of Labor shows that initial jobless claims for the week ending October 18th remained at 232,000. While this figure is in line with expectations, it continues to reflect a resilient labor market amid ongoing economic uncertainty.