Initial jobless claims had been anticipated to rise modestly final week – after hitting 2-moth lows the prior week – however as an alternative they tumbled additional to 221k (the bottom since Feb 2023)
Source: Bloomberg
Non-seasonally-adjusted claims plunged from 6-month highs to 2-month lows.
New York noticed the most important drop in claims, adopted by California (with solely Vermont seeing an increase, and that was tiny). We have by no means seen a distribution of states’ claims that’s as skewed as this… one thing is afoot.
Continuing Claims additionally dropped to 1.69mm Americans – the primary time again under 1.7mm since Jan 2023…
Source: Bloomberg
Does any of this odor like The Fed’s 500bps of hikes had any affect in any respect?
Loading…
Energizer LED Rechargeable Plug-in Flashlights (3-Pack), Emergency Lights for Home Power Failure Emergency, Safety Plug-in Power Outage Light, Great for Hurricane Supplies, Black Outs, Power Failure
20% Off
FosPower 2000mAh NOAA Emergency Weather Radio (Model A1) Portable Power Bank with Solar Charging, Hand Crank & Battery Operated, SOS Alarm, AM/FM & LED Flashlight for Outdoor Emergency
25% Off
Full Face Gas Respirator mask, Gas Masks Survival Nuclear and Chemical with 6001 Activated Carbon Filter, Reusable Respirator Mask for Gases, Dust, Vapors, Chemicals, Fume, Paint, Spray, Sanding
Potable Aqua Water Purification Tablets with PA Plus, Portable and Effective Water Purification Solution for Camping, Hiking, Emergencies, Natural Disasters and International Travel, Two 50ct Bottles
