CoinVoice has learned that the number of people applying for unemployment benefits in the United States unexpectedly decreased last week, indicating that there may be a rebound in non-farm employment in November after the slowdown caused by hurricanes and strikes last month, and the non-farm employment report in November may determine whether the Federal Reserve will cut interest rates again in December.

The U.S. Department of Labor said on Thursday that the seasonally adjusted initial claims for state unemployment benefits decreased by 6,000 to 213,000 in the week ending November 16. This data covers the Veterans Day holiday, which may cause some Fluctuation. Despite a surge in the number of people applying for unemployment benefits in early October due to disruptions caused by hurricanes Helen and Milton, as well as strikes by workers at Boeing and another aerospace company, layoffs remain low, easing the impact of the slowdown in hiring on the labor market. (Jin10) [Original Article Link]