Continuing Jobless Claims Hit New Cycle Highs
Having risen to eight month highs just a couple weeks ago, initial jobless claims tumbled back to 227k last week and well within the comfortable low end range of the last four years...
Source: Bloomberg
However, continuing jobless claims remain at the highest since Nov 2021....
Source: Bloomberg
...as DOGE's impact on the 'Deep TriState' continues...
Source: Bloomberg
It seems Musk has something to be proud of after all.
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