Emre Yumlu 
The latest data on the U.S. labor market has been released. Increases were observed in both initial and continuing jobless claims. These developments offer important insights into the pace of economic recovery and the state of the employment market.
Increase in Initial Jobless Claims
Initial unemployment benefit claims in the U.S. were announced at 226,000 last week. Market expectations were around 221,000. The previous week’s figure was recorded as 219,000. The announced data slightly exceeded forecasts, indicating a limited slowdown in the labor market.
Rise in Continuing Jobless Claims
On the other hand, continuing jobless claims also showed an increase. According to the latest data, these claims reached 1.974 million. Expectations were 1.950 million, while the previous data was announced as 1.936 million. This rise suggests that recovery in the employment market may be slowing.
Market Reaction and Possible Implications
This increase in claims may affect expectations regarding FED policies and the macroeconomic outlook. If this trend continues, market volatility may increase in the short term. Especially in assets like gold, Bitcoin, Ethereum, and other altcoins, the search for direction may accelerate.
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