Initial Jobless Claims Plunge To 44 Year Lows

While continuing claims continue to rise post-election, initial jobless claims have collapsed back to with 1k of the lowest levels since 1973.

While continuing claims continue to rise post-election...

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Initial jobless claims have collapsed back to with 1k of the lowest levels since 1973.

  • *U.S. JOBLESS CLAIMS FALL 12,000 TO 234,000; EST. 249,000

(Click on image to enlarge)

While everything is awesome with this print, one wonders what happens next?

Which is more likely - higher or lower from here?

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