ChainCatcher news, according to Jinshi reports, the new labor data alleviates concerns about an economic collapse, with initial jobless claims decreasing and remaining within a range for several months, indicating that businesses are retaining employees.Skyler Weinand of Regan Capital stated in the report, "A cooling labor market does not mean we are entering a recession." He added that the declines in the stock market, Treasury yields, and the dollar since last Friday's disappointing July employment report have been exaggerated. Despite recent calls for aggressive monetary easing, the economic conditions still provide room for the Federal Reserve to remain on hold again, while the market has completely ruled out this possibility. He advised to stay calm.