The Labor Department just dropped some solid news on Thursday: new unemployment claims hit a three-year low last week. That's a pretty good sign the economy didn't see any major job-cutting waves through the first 11 months of this year. For anyone watching market conditions, stable employment numbers usually mean consumer spending stays healthy, which tends to support risk assets across the board. Worth keeping an eye on as we head into year-end.
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NeverPresent
· 16h ago
The unemployment rate has hit a three-year low—risk assets should take off now, right...
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GasBankrupter
· 16h ago
Unemployment rate hits a three-year low? Sounds good, but why does it feel like my wallet hasn't changed at all... Is consumer spending really that healthy?
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StakeWhisperer
· 16h ago
Unemployment hits a three-year low? Now we can confidently buy the dip. Let's go all out at the end of the year!
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BTCBeliefStation
· 16h ago
The unemployment rate has hit a three-year low. Now we’ll have to see if the market will take off as well.
The Labor Department just dropped some solid news on Thursday: new unemployment claims hit a three-year low last week. That's a pretty good sign the economy didn't see any major job-cutting waves through the first 11 months of this year. For anyone watching market conditions, stable employment numbers usually mean consumer spending stays healthy, which tends to support risk assets across the board. Worth keeping an eye on as we head into year-end.