Economists expect initial claims to come in at 235,000, a slight increase from 233,000 last week.

The latest unemployment benefit application data will be released at 20:30 on Thursday evening Beijing time. Economists expect the number of initial claims to reach 235,000, a slight increase from 233,000 last week. Last week, the number of initial claims in the United States unexpectedly fell, which provided some comfort to some people who were worried about signs that the U.S. labor market would further deteriorate. Moody's chief economist Mark Zandi believes that although the Fed's focus on inflation will not disappear, the risks in the labor market are higher than the risks of inflation. If this trend continues, further deterioration in the labor market may push the Fed to start cutting interest rates as soon as possible. (Jinshi)