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Most states are experiencing an uptick in the joblessness, pointing to a potential economic swoon ahead. (MacroMicro) Most states are experiencing an uptick in the joblessness, pointing to a potential economic swoon ahead. (MacroMicro)

Key Indicators Challenge Fed’s ‘Normalization’ Rate Cut That Torched Bitcoin (BTC) Rally

The U.S. Household Survey, which tracks the unemployment rate across 50 states, Washington D.C., and Puerto Rico, showed that as of August, more than 57% of states experienced an increase in joblessness compared to the preceding month and the same period last year, according to data tracked by MacroMicro.

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Omkar Godbole

https://www.coindesk.com/markets/2024/09/26/key-indicators-challenge-feds-normalization-rate-cut-that-torched-bitcoin-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-09-26 07:40:30

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