Initial jobless claims fall

The latest data shows that the number of Americans applying for unemployment benefits has decreased significantly.。Advance figures for first-time jobless claims fell to 218,000 after the quarter, down 9,000 from last week's revised level.。This decline marks a significant reversal from the previously reported adjusted figure, which has been revised upward from 224,000 to 227,000.。

Moving average shows growth

Despite the decline in initial claims, the 4-week moving average, which smoothes week-to-week fluctuations, rose to 212,250, an increase of 3,750 from the previous week's revised average, while the previous week's average was revised up to 208,500 from 207,750.。

Unemployment benefit rate falls

The percentage of people receiving unemployment benefits fell to 1 in the week ending January 27..2%。The figure is down 0 from last week's unrevised ratio..1 percentage point。The same week's pre-adjusted figure for jobless claims was 1,871,000, down 23,000 from last week's revised level.。

Four-week average of jobless claims rises

The four-week moving average for receiving unemployment benefits reached 1,849,750, up 9,500 from last week's revised average.。In the revision, the previous week's average was lowered to 1,840,250 from 1,841,250.。

Short-term market forecast

The latest unemployment data presents a mixed picture for the market。The decline in initial jobless claims and the decline in the rate of receiving unemployment benefits are positive signals of the resilience of the labor market.。

However, the growth in the four-week moving average of initial claims and claims for unemployment benefits injected a hint of caution。In the short term, these opposing trends may lead traders to be cautiously optimistic。The lower unemployment rate shows strength in the overall labor market, supporting a bullish outlook for the market, but the rising moving average needs to be watched closely to see if labor market conditions show any signs of weakening.。