Labor Market Creaks... Continuing Jobless Claims Highest Since Nov 2021
Image Source: Pexels
The trend of (modestly) rising initial jobless claims stalled last week, dropping from 246k to 236k (below 2435k exp)...
Source: Bloomberg
But, continuing jobless claims kept rising to 1.974 million Americans - the highest since Nov 2021...
Source: Bloomberg
In the 'Deep TriState' region, jobless claims continue to rise also...
Source: Bloomberg
Delayed DOGE effects are finally kicking in.
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