​Continuing Jobless Claims Jump To 3 Year Highs – Tyler Durden

Continuing Jobless Claims Jump To 3 Year Highs Initial jobless claims tumbled last week from 242k to 227k as the impact of Hurricane Helene starts to fade from the benefits rolls… Source: Bloomberg However, Hurricane Milton’s impact on Florida claims remains… Source: Bloomberg However, continuing jobless claims rose to 1.897 million Americans – the highest since Nov 2021… Source: Bloomberg So, take your pick! Cut rates because of soaring continuing claims… or ‘hold’ as initial claims revert back towards multi-year lows? Tyler Durden Thu, 10/24/2024 – 08:36  — Continue at ZeroHedge News : Read More