What Recession? Initial Jobless Claims Hover Near Multi-Decade Lows
What Recession? Initial Jobless Claims Hover Near Multi-Decade Lows
The number of Americans filing for jobless benefits for the first time remains in 'strong labor market' mode with just 223k last week - a level it has oscillated around for three years now...
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Moreover, this broad low level of initial jobless claims has not been seen since the late '60s...
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Continuing claims remain around 1.9 million Americans...
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For now, the effects of DOGE seem to be kept in line by the judiciary - is there a surprise to come?
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Thu, 03/20/2025 - 08:39