Financial News

Initial Jobless Claims ‘Plunged’ Last Week By Most In 10 Months

Via Zerohedge Initial jobless claims plunged from near one-year highs to two month lows last week at 222k (well below the 235k expectation). However, on an NSA basis, claims rose once again to their highest since February… Source: Bloomberg Continuing claims remain near their highest since Nov 2021, inching down from 1.856mm Americans to 1.852mm […] Source
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