Initial Jobless Claims Surge To 12-Month Highs
The number of Americans filing for jobless benefits for the first time rose to 249k last week - the highest since last August...
Source: Bloomberg
Texas claims continue to fall as the storm-related surge normalizes...
Source: Bloomberg
Additionally, the number of Americans continuing to claim unemployment benefits rose to 1.877 million last week - the highest since Nov 2021...
Source: Bloomberg
Is this 'bad' enough news to lock in September rate cuts?
More By This Author:
Meta Jumps After Beating On Revenue And Earnings, But Misses On CapEx Despite Rosy OutlookUS Pending Home Sales Rebound (Modestly) From Record Lows In June
Futures Surge As Tech, Semis Rebound Ahead Of Fed Decision
Disclosure: Copyright ©2009-2024 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every ...
more
How did you like this article? Let us know so we can better customize your reading experience.
Comments
No Thumbs up yet!
