BlockBeats News: On January 15, according to data released by the U.S. Department of Labor on Thursday, the number of new unemployment insurance claims in the U.S. unexpectedly dropped to the lowest level since November last year, remaining low after seasonal fluctuations during the holiday period. For the week ending January 10, new unemployment claims decreased by 9,000 to 198,000, below all expectations from economists surveyed by institutions. Analysts believe the unexpected decline in new claims likely reflects the ongoing challenges of adjusting for seasonal fluctuations during the end-of-year holidays and the early part of the new year. The labor market remains largely unchanged, with layoffs staying at low levels and hiring continuing to be slow. (Gold10)
U.S. Initial Jobless Claims Unexpectedly Drop to November Low
KuCoinFlashShare
Summary
U.S. initial jobless claims dropped to 198,000 for the week ending January 10, 2026, the lowest level since November 2024. The unexpected decline of 9,000 surprised economists and may be attributed to seasonal adjustment issues following the holiday period. On-chain data indicates stable labor market conditions, with low layoffs and steady hiring. Traders are closely watching altcoins as macroeconomic signals remain mixed.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.