The number of initial jobless claims in the United States last week was 215000, lower than market expectations

The US Department of Labor stated that as of the week ending June 27th, the number of initial jobless claims was 215000, lower than market expectations of 220000, compared to 216000 in the previous week. As of the week of June 20th, the number of people who renewed their unemployment benefits was 1.814 million. In June, the United States added 57000 new jobs. AI interpretation: The number of initial jobless claims is lower than expected and remains low, directly proving that demand in the US labor market remains strong. The resilience of the job market has eliminated urgent concerns about economic recession and provided solid support for the Federal Reserve to maintain high interest rate policies. This data further compresses the market's game space for short-term interest rate cuts and strengthens the necessity for monetary policy to remain tight for a longer period of time. The stable performance of the labor market has become the core resistance to curbing the decline of inflation, and the pricing logic of the market will return to long-term equilibrium in a high interest rate environment.