What is the reason for the sharp decline in Ethereum #美国7月PPI年率高于预期 ?

Initial jobless claims in the United States decrease, recruitment remains weak.

As of the week ending August 9, initial jobless claims fell by 3,000 to 224,000, with low levels of layoffs. However, the average monthly job additions over the past three months were only 350,000, indicating weak recruitment. Analysts believe that despite strong initial claims data, the overall employment market is showing a trend of divergence, which may push the unemployment rate in August up to 43%. (U.S. Department of Labor)