Initial Jobless Claims Refuse To Weaken In Face Of CEO Dissonance
So, are CEOs all talk?
After a brief spike last week, initial jobless claims are back in their four year range at 228k - at the same level as in Q4 2021...
Last week's spike - largely driven by New York - has now been erased - largely driven by New York...
Continuing claims fell back below the 1.9 million American Maginot Line once again...
Continuing jobless claims across The Deep TriState are back up near post-DOGE highs...
But initial claims across the three states have stopped rising as various lawsuits halt layoffs across federal agencies.
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