​Continuing Jobless Claims Surge To 33-Month Highs – Tyler Durden

Continuing Jobless Claims Surge To 33-Month Highs The number of Americans filing for jobless benefits for the first time fell from 12-month highs at 249k to 233k last week… Source: Bloomberg But, continuing jobless claims rose to 1.875mm Americans – the highest since Nov 2021… Source: Bloomberg …and smoothing for the week to week noise – the 4-week moving average of initial claims also reached a new cycle high. Is this bad news or good news? Tyler Durden Thu, 08/08/2024 – 08:36  — Continue at ZeroHedge News : Read More