The latest economic data delivered a surprisingly strong snapshot of the U.S. labor market. Initial jobless claims dropped to 191,000—down 27,000 from last week and the lowest level since 2022, according to the Department of Labor. Continuing claims also ticked down, signaling fewer Americans are losing jobs and overall employment remains resilient. Real wages are now rising faster than inflation, holiday shopping shattered Black Friday records, and energy costs, including gas, continue to ease. To help break down what these trends mean for the economy and whether the Federal Reserve might consider rate cuts next, Alicia Summers spoke with Ed Siddell, CEO and Chief Investment Advisor at EGSI Financial. Join this channel to get access to OAN Live & perks: https://www.youtube.com/channel/UCNbIDJNNgaRrXOD7VllIMRQ/join Visit us On OAN Live : https://live.oann.com/home.ktv Website: https://www.oann.com Facebook: https://www.facebook.com/OneAmericaNewsNetwork Twitter: https://twitter.com/OANN Instagram: https://www.instagram.com/one_america_news_ KlowdTV: Watch OAN Live on KlowdTV subscription prices start at $2.99 /mo https://klowdtv.com