Layoff announcements continue day after day and WARNs are on the rise, but initial jobless claims continues to trend along in very smooth manner (too smooth)…
Source: Bloomberg
NSA initial claims dipped notably last week…
Source: Bloomberg
And continuing claims have been flat around 1.8mm Americans for months…
Source: Bloomberg
This data continues to confound.
Tyler Durden
Thu, 03/28/2024 – 08:40
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Author: Tyler Durden
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