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Analyst: Initial Jobless Claims Data Strong, Highlighting Resilience of the US Labor Market

By: theblockbeats.news|2025/08/28 13:12:19

BlockBeats News, August 28th, Analyst Giuseppe Dellamotta's analysis of US initial claims data indicated that the data showed strength, especially considering the downward revision of continuing claims. Unemployment claims data continues to confirm the resilience of the labor market. The market focus will now shift to the employment sub-index of the ISM Purchasing Managers' Index, ADP private employment data, and the US non-farm payroll report. (FXStreet)

U.S. Initial Jobless Claims for the week ending August 23rd totaled 229,000, compared to the expected 230,000.

Four. Meme: The Creditlink (CDL) presale, which lasted 4 hours, raised 60 million USD1 and 1.1 million FORM, setting a new record for presale amount on the BNB Chain.