logo

The number of initial jobless claims in the United States was roughly flat last week, raising concerns among economists about potential underlying weakness.

By: theblockbeats.news|2025/07/31 21:22:23
0
Share
copy
unitedunited

BlockBeats News, July 31st, the U.S. Department of Labor announced on Thursday that the number of initial unemployment claims in the United States last week stabilized, which is reassuring. For the week ending July 26th, the number of initial claims for unemployment benefits was 218,000, compared to 217,000 the previous week. The number of ongoing claims for unemployment benefits was 1.95 million, unchanged from the previous week. Last night, the Fed maintained its interest rate for the fifth consecutive meeting. Fed Chairman Powell said at a press conference that the stable labor market indicates no rush to switch to a more accommodative monetary policy stance through rate cuts. However, some economists worry that weakness in the labor market is hidden behind a strong facade. Despite the still relatively low unemployment rate, many workers report long job search times and difficulty finding opportunities. (FXStreet)

-- Price

--

You may also like

a16z New Post: Predicting the Market, Entering the Fast Forward Phase

Data, Systems, Transactions: Predicting Market is Rapidly Achieving Institutional Adoption

Arthur Hayes New Post: It's Now "No Trade" Time

When volatility truly spirals out of control and liquidity is forcefully unleashed, the market will re-enter a tradable phase.

a16z New Article: Predictive Markets Entering Fast-Forward Phase

Data, systems, and transactions are accelerating the institutional penetration of the market.

a16z founder: In the age of Agents, what truly matters has changed

The best programmers in the future may not need to write code, but they must have strong logical reasoning and system architecture thinking, because code will become a cheap commodity due to AI.

The President of Kyrgyzstan meets with Sun Yuchen, and TRON collaborates with Kyrgyzstan to build a new pattern of digital economy in Central Asia

This meeting focused on the global trends in digital financial transformation, the construction of regulatory frameworks for virtual assets, and the strategic layout of the TRON ecosystem in Central Asia, marking a substantial phase in the cooperation between TRON and Kyrgyzstan in the fields of blo...

46 minutes, $292 million stolen, DeFi faces development dilemma again

"Let's withdraw from DeFi first, it's too dangerous. This time the damage is much greater than Drift/Cowswap..." said well-known DeFi investor Dovey Wang.
Trade with Confidence on WEEX
Fast Execution with Deep Liquidity
Trade with Confidence on WEEXCatch the Move Now

Contents

Popular coins

Latest Crypto News

04:42

Data: In the past 24 hours, the total liquidation across the network was 290 million USD, with long positions liquidated at 219 million USD and short positions liquidated at 70.7283 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $290 million, with long positions liquidated at $219 million and short positions liquidated at $70.7283 million. Among them, Bitcoin long positions were liquidated at $61.1966 million, Bitcoin short posit...
03:42

Data: 40 million USDT transferred out of Binance

According to Coinglass data, on April 20 at 03:01, 40 million USDT was monitored being transferred from Binance to an unknown wallet.
02:42

Data: If BTC breaks through 78,463 USD, the cumulative short liquidation intensity on mainstream CEX will reach 1.074 billion USD

According to Coinglass data, if BTC breaks through $78,463, the cumulative short liquidation intensity on mainstream CEX will reach $1.074 billion. Conversely, if BTC falls below $71,739, the cumulative long liquidation intensity on mainstream CEX will reach $829 million.
02:42

Data: If ETH breaks through 2,412 USD, the cumulative short liquidation intensity on mainstream CEX will reach 850 million USD

According to Coinglass data, if ETH breaks through $2,412, the cumulative short liquidation intensity on mainstream CEX will reach $850 million. Conversely, if ETH falls below $2,201, the cumulative long liquidation intensity on mainstream CEX will reach $558 million.
00:42

Slow Fog: The Vercel security incident is suspected to be related to the leakage of internal database and key information

The Chief Information Security Officer of Slow Fog Technology, 23pds, retweeted that the internal system of the cloud hosting platform Vercel was accessed without authorization, which is suspected to be related to an internal data breach.The related tweet indicated that someone on BreachForums claim...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com