​Continuing Jobless Claims Hover Near 33-Month Highs – Tyler Durden

Continuing Jobless Claims Hover Near 33-Month Highs Initial jobless claims continues to drift along in the same range it has been in for three years (with NSA claims literally near record lows)… Source: Bloomberg The decline in SA and NSA claims appears driven by the normalization of Texas claim post-Beryl… Source: Bloomberg But we note that continuing jobless claims remains at its highest since Nov 2021… Source: Bloomberg With all the attention piled on to initial claims to support bullish-narrative-supporting thesis, how the hell can The Fed then turn around and cut rates to ‘save the labor market’ before it’s…  — Continue at ZeroHedge News : Read More