The number of Americans filing for jobless benefits for the first time fell to 213k last week (from 215k) – the lowest since April 2024…
Source: Bloomberg
However, on a non-seasonally-adjusted basis, claims hit a four month high.
California was by far the largest single state increase in new claims while New Jersey saw a small decline…
Meanwhile continuing jobless rose to 1.907 million Americans – the highest in three years…
Source: Bloomberg
So, take your pick – the labor market is hot (claims at 7mo lows) or very cold (cont claims at 3 year highs)?
Tyler Durden
Wed, 11/27/2024 – 08:39
Click this link for the original source of this article.
Author: Tyler Durden
This content is courtesy of, and owned and copyrighted by, https://zerohedge.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.
