Initial Jobless Claims Tumble To 7 Month Lows

The number of Americans filing for jobless benefits for the first time tumbled to just 216k last week - the lowest since April
 

Source: Bloomberg
 

Since the shutdown was lifted, jobless claims among workers in the 'Deep Tristate' have tumbled...
 

Source: Bloomberg
 

Continuing jobless claims ticked higher - remaining above the 1.9 million level, near its highest since Nov 2021
 

Source: Bloomberg
 

...so much for the struggling labor market?


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