According to CoinMeta, based on early 2021 data for in, the number of people claiming unemployment benefits in the United States at the beginning of the week of August 22 was 203,000, which is lower than the expected 208,000. The previous figure was revised from 206,000 to 207,000. The lower-than-expected initial claims for unemployment benefits, as well as being below the previous value, indicate that the demand in the U.S. labor market remains strong, dispelling market concerns about a cooling in employment and further solidifying expectations for a soft economic landing. This result reinforces the narrative that a high-interest-rate environment will continue for an extended period.