Klaim Pengangguran AS Turun, Pasar Tenaga Kerja Tetap Kuat

The number of Americans filing for unemployment benefits for the first time declined in the latest week, signaling that the US labor market remains relatively resilient. Initial Jobless Claims came in at 194,000 for the week ending October 24, below market expectations of 199,000.

The previous week’s figure was revised up to 195,000 from an initially reported 194,000. This means new claims fell by 1,000 from the prior week. The four-week moving average also declined to 196,750 from a revised 198,000, suggesting layoffs remain relatively limited.

Meanwhile, Continuing Jobless Claims, which measure the number of people still receiving unemployment benefits, fell to 1.701 million for the week ending October 17. The previous reading was also revised down to 1.722 million from an initially reported 1.728 million.

The data reinforce the view that the US labor market continues to show resilience despite elevated interest rates. A still-solid employment backdrop could give the Federal Reserve more room to maintain a restrictive policy stance if inflationary pressures fail to cool sufficiently. The Fed previously kept its benchmark interest rate unchanged at 3.75%–4.00%.

For financial markets, the combination of lower-than-expected jobless claims, strong economic growth, and persistent inflation could keep expectations for further Fed tightening alive. However, the direction of policy in December will continue to depend on upcoming economic data, particularly inflation and labor-market conditions.(mrv)

Source : Newsmaker.id