The data eased concerns that hiring was slowing sharply. Read more at straitstimes.com. Read more at straitstimes.com.

The number of Americans applying for jobless aid fell modestly last week as layoffs remained in the same historically low range of recent years.

US initial jobless claims fell to 226,000 while continuing claims reached 1.81 million. Here's what the data means for Fed policy and crypto markets.