The number of initial unemployment benefits has cooled down, and the data "confusing drama" may start again

Odaily Planet Daily News The latest employment data shows that the number of people applying for unemployment benefits in the United States has fallen to the range of nearly four years after experiencing a surge in the previous week. The decline in initial requests reflects a pullback in Texas's previous "inexplicable surge" application data - a surge that is obviously related to the state's educators' employment/dismissal changes. The number of people who continue to receive unemployment benefits (referring to the number of people who continue to receive benefits after the first application) is also on a downward trend, but it is still higher than the "Magino Line" of Defense (here refers to the key threshold). Will this data trend prompt Powell and the Federal Reserve to weaken their "loose tendency"? Perhaps the drama of "confusing the public" with (data) is about to be staged again. (Jin Shi)