Initial Jobless Claims Suddenly Crash By Most In 2 Years

Having slowly drifted to the highest levels since before Christmas, initial jobless claims collapsed last week by 25,000 to 234k - near 44 year lows. This is the biggest weekly drop since April 2015.

Having slowly drifted to the highest levels since before Christmas, initial jobless claims collapsed last week by 25,000 to 234k - near 44 year lows. This is the biggest weekly drop since April 2015...

 

A sudden panic hiring spree?

 

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