Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
U.S. Jobless Claims Fall Amid Government Shutdown

U.S. Jobless Claims Fall Amid Government Shutdown

Coinlineup2025/10/18 12:09
By: Coinlineup
BTC-0.12%ETH+0.31%
Key Takeaways:
  • U.S. jobless claims fell amid ongoing shutdown impact.
  • Estimates based on state-level compiled data.
  • No discernible crypto market or regulatory impact observed.

U.S. initial jobless claims fell to approximately 215,000 last week, based on analyst estimates since official data is delayed due to a government shutdown. This decrease is deduced from state-level data compiled by Bloomberg analysts.

Last week, U.S. initial jobless claims decreased to approximately 215,000, as estimated from state-level data. This period coincides with a government shutdown, delaying the Department of Labor’s official report since September 2025.

Bloomberg’s provisional analysis , replacing the Department of Labor’s usual data, signals stability in jobless claims during the shutdown. However, this development has not sparked notable reactions in crypto markets, staying muted without major economic surprises.

Bloomberg estimates indicated a drop in U.S. jobless claims to 215,000 from the previous week’s 234,000. The government shutdown halted official data releases, impacting economic assessments. During this period, Bloomberg provided alternative data, using state-level claims adjusted with conventional seasonal financial methods.

The U.S. Department of Labor, historically the primary coordinator of unemployment insurance data, was unable to release updated weekly statistics due to the ongoing government shutdown. No comments were issued from the Secretary of Labor or crypto industry leaders regarding the jobless claims decrease.

The impact on major cryptocurrencies like BTC and ETH was negligible, as observed on October 18, 2025. Crypto markets usually react more to macroeconomic surprises, leading to quiet on-chain activity. No significant changes in staking flows or TVL were reported.

Historically, economic incidents like shutdowns show minimal disruption to crypto markets, which respond primarily to extreme macroeconomic shifts or monetary policies. As the U.S. Department of Labor earlier reported, “In the week ending September 20, the advance figure for seasonally adjusted initial claims was 218,000, a decrease of 14,000 from the previous week’s revised level…”

A broader economic landscape begins to arise from these updates, with potential regulatory, technological, and financial impacts emerging as developments unfold. Future data, once the shutdown concludes, may provide deeper clarity on the unfolding situation.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Gold Local Top In? RSI at 50-Year High Sparks Speculation

Gold may have hit a local top as monthly RSI hits record highs. Analysts eye a rally to $4,350 before a potential drop to $4,100.Has Gold Hit a Local Top?Price Outlook: $4,350 Rally Before a Drop?Geopolitical & Technical Factors Aligning

Coinomedia2025/10/19 04:39
Tether Mints Another $1B USDT After Market Crash

Tether mints $1B USDT, totaling $6B in stablecoins created post-1011 crash with Circle.Stablecoins Surge as Tether Adds $1B MoreWhy the $6B Mint MattersMarket Recovery Ahead?

Coinomedia2025/10/19 04:39

Trending news

More
1
Best Meme Coins to Watch — Cryptonews Reveals 5 Standout Tokens for Explosive 2025 Growth
2
Satoshi Nakamoto’s Bitcoin Wealth Falls $20 Billion as Market Corrects

Crypto prices

More
Bitcoin
Bitcoin
BTC
$107,104.03
+0.52%
Ethereum
Ethereum
ETH
$3,901.73
+1.43%
Tether USDt
Tether USDt
USDT
$1
-0.02%
BNB
BNB
BNB
$1,089.6
+0.56%
XRP
XRP
XRP
$2.36
+1.59%
Solana
Solana
SOL
$186.7
+1.73%
USDC
USDC
USDC
$0.9999
-0.00%
TRON
TRON
TRX
$0.3149
+1.14%
Dogecoin
Dogecoin
DOGE
$0.1900
+2.51%
Cardano
Cardano
ADA
$0.6333
+1.18%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter