The post More Americans Filed For Unemployment Last Month Than Expected appeared on BitcoinEthereumNews.com. Topline The number of Americans who filed for unemployment rose more than expected from mid-September to mid-October, according to the Labor Department, whose key economic reports were delayed during the government shutdown. Economists projected a cooling labor market for weeks during the government shutdown. Getty Images Key Facts Applications for jobless benefits in the U.S. totaled 232,000 in the week ending Oct. 18, according to Labor Department data, an increase over the last reported 219,000 applications for the week ending Sept. 20 and above the Dow Jones consensus of 223,000 claims. Continuing jobless claims, or the number of people receiving benefits, rose slightly to 1.957 million from 1.947 million the previous week. Weekly data on initial claims is not available for the previous three weeks, and the Labor Department has not yet released its jobless claims report despite the government shutdown ending last week. What To Watch For Whether the Labor Department’s jobless claims data will be updated later this week. Several other economic reports were delayed during the shutdown, including September and October unemployment data, though the Bureau of Labor Statistics is expected to release the postponed reports in the coming weeks. The agency has already updated its schedule to show that September’s jobs report will be released on Thursday. Wall Street expects the U.S. to have added 58,000 nonfarm jobs in September and for the unemployment rate to have settled at 4.3%, according to FactSet. It’s not immediately clear when the other reports will be released: National Economic Council Director Kevin Hassett said October’s jobs report will be partially released, dispelling concerns the data would not be released after the White House said the report would “likely never” be published. Read More Source: https://www.forbes.com/sites/tylerroush/2025/11/18/jobless-claims-rose-more-than-expected-last-month-to-232000-delayed-data-shows/The post More Americans Filed For Unemployment Last Month Than Expected appeared on BitcoinEthereumNews.com. Topline The number of Americans who filed for unemployment rose more than expected from mid-September to mid-October, according to the Labor Department, whose key economic reports were delayed during the government shutdown. Economists projected a cooling labor market for weeks during the government shutdown. Getty Images Key Facts Applications for jobless benefits in the U.S. totaled 232,000 in the week ending Oct. 18, according to Labor Department data, an increase over the last reported 219,000 applications for the week ending Sept. 20 and above the Dow Jones consensus of 223,000 claims. Continuing jobless claims, or the number of people receiving benefits, rose slightly to 1.957 million from 1.947 million the previous week. Weekly data on initial claims is not available for the previous three weeks, and the Labor Department has not yet released its jobless claims report despite the government shutdown ending last week. What To Watch For Whether the Labor Department’s jobless claims data will be updated later this week. Several other economic reports were delayed during the shutdown, including September and October unemployment data, though the Bureau of Labor Statistics is expected to release the postponed reports in the coming weeks. The agency has already updated its schedule to show that September’s jobs report will be released on Thursday. Wall Street expects the U.S. to have added 58,000 nonfarm jobs in September and for the unemployment rate to have settled at 4.3%, according to FactSet. It’s not immediately clear when the other reports will be released: National Economic Council Director Kevin Hassett said October’s jobs report will be partially released, dispelling concerns the data would not be released after the White House said the report would “likely never” be published. Read More Source: https://www.forbes.com/sites/tylerroush/2025/11/18/jobless-claims-rose-more-than-expected-last-month-to-232000-delayed-data-shows/

More Americans Filed For Unemployment Last Month Than Expected

2025/11/19 01:15

Topline

The number of Americans who filed for unemployment rose more than expected from mid-September to mid-October, according to the Labor Department, whose key economic reports were delayed during the government shutdown.

Economists projected a cooling labor market for weeks during the government shutdown.

Getty Images

Key Facts

Applications for jobless benefits in the U.S. totaled 232,000 in the week ending Oct. 18, according to Labor Department data, an increase over the last reported 219,000 applications for the week ending Sept. 20 and above the Dow Jones consensus of 223,000 claims.

Continuing jobless claims, or the number of people receiving benefits, rose slightly to 1.957 million from 1.947 million the previous week.

Weekly data on initial claims is not available for the previous three weeks, and the Labor Department has not yet released its jobless claims report despite the government shutdown ending last week.

What To Watch For

Whether the Labor Department’s jobless claims data will be updated later this week. Several other economic reports were delayed during the shutdown, including September and October unemployment data, though the Bureau of Labor Statistics is expected to release the postponed reports in the coming weeks. The agency has already updated its schedule to show that September’s jobs report will be released on Thursday. Wall Street expects the U.S. to have added 58,000 nonfarm jobs in September and for the unemployment rate to have settled at 4.3%, according to FactSet. It’s not immediately clear when the other reports will be released: National Economic Council Director Kevin Hassett said October’s jobs report will be partially released, dispelling concerns the data would not be released after the White House said the report would “likely never” be published.

Read More

Source: https://www.forbes.com/sites/tylerroush/2025/11/18/jobless-claims-rose-more-than-expected-last-month-to-232000-delayed-data-shows/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Top Airdrop of the Month? IPO Genie’s Reward Pool Surges After User Spike

Top Airdrop of the Month? IPO Genie’s Reward Pool Surges After User Spike

The post Top Airdrop of the Month? IPO Genie’s Reward Pool Surges After User Spike appeared on BitcoinEthereumNews.com. Crypto Presales Is IPO Genie the top airdrop 2025 to watch? Explore its rising user growth, reward structure, and top crypto presale appeal. This year 2025 has been full of new drops, new trends, and new hype. Still, only a few stand out with real value. One name now sits at the center of this talk. IPO Genie $IPO. Many users online call it the top airdrop 2025, and its reward pool keeps growing after a sharp rise in new signups. In this report, we will look at why the interest jumped, how the rewards work, how to join, and how IPO Genie links its airdrop to its role as a rising Top crypto Presale project. We will also cover why the platform fits the idea of “best airdrop rewards” in a simple and direct way.The aim is clear. Give you a short, clean guide. Show the key steps. Show why people care. And show how this airdrop connects to what is best and trending today in the AI token space. No fluff. No long stories. Just value. Why This Airdrop Became a Top Airdrop 2025 Trend The interest in IPO Genie grew fast for simple reasons. People want tokens that feel clear, fair, and easy to join. This airdrop checks those boxes. Rules are simple, tasks are straightforward, and the team is visible. And the project links to real access inside private markets, which gives it more trust among new users. Below are the traits that helped it rise in the top airdrop 2025 charts. The reward pool is large through its official offering of up to $50,000 for 40 winners. The team gives clear steps and clear checks. The tasks are short and friendly for beginners. The prize is tied to a real platform, not a random meme…
Share
BitcoinEthereumNews2025/11/19 02:36
White House to Review IRS Proposal to Tax Foreign Crypto Accounts

White House to Review IRS Proposal to Tax Foreign Crypto Accounts

The post White House to Review IRS Proposal to Tax Foreign Crypto Accounts appeared on BitcoinEthereumNews.com. The White House is reviewing the Internal Revenue Service’s proposal to join the global Crypto-Asset Reporting Framework, which would provide the tax department with access to Americans’ foreign crypto account data. Adoption of the “Broker Digital Transaction Reporting” proposal — submitted to the White House last Friday — would put the US crypto tax system in line with 72 other countries that have committed to implementing CARF by 2028. While the proposal wasn’t categorized as “economically significant” by the IRS, the rule would force Americans to be far more stringent in reporting capital gains tax from foreign crypto platforms. Details of the Broker Digital Transaction Reporting proposal submitted to the White House. Source: US Government In late July, the White House’s crypto policy recommendations report stated that implementing CARF would discourage American taxpayers from moving their digital assets to offshore exchanges and thus not put US crypto platforms at a disadvantage. More than one-third of the world has signed up to CARF CARF is set to be rolled out in 2027, with 50 countries to join, including Brazil, Indonesia, Italy, Spain, Mexico and the UK. Another 23 countries — including the US — have seemingly committed to implementing CARF by 2028. CARF was established by the Organization for Economic Cooperation and Development in late 2022 to enable member nations to share cryptocurrency data for the purpose of combating international tax evasion. Crypto has presented a challenge for tax authorities, as users can transfer assets across borders instantly, hold funds in self-custody wallets outside the traditional banking system, and transact pseudonymously.  US to roll out tougher local crypto tax rules in 2026 The US is set to roll out 1099-DA forms in January 2026, which will require US-based crypto exchanges to report more detailed transaction data, including both inward and outward…
Share
BitcoinEthereumNews2025/11/19 02:34