Good news for the American worker came at the worst possible moment for Bitcoin. Initial jobless claims fell by 4,000 to 226,000 for the week ending June 13. Layoffs are in the historically low range they've held for most of the post-pandemic era, and the unemployment rate has remained at 4.
Source: [CryptoSlate](https://cryptoslate.com/why-a-resilient-jobs-market-keeps-turning-into-a-bitcoin-sell-signal/)