​Initial Jobless Claims Drop Again As Labor Market Sends Mixed Signals – Tyler Durden

Initial Jobless Claims Drop Again As Labor Market Sends Mixed Signals Initial jobless claims continue to drift along in the same range it has been in for three years, with unadjusted claims literally near record lows, just in time for the Fed to cut rates following the recent near-record revision to payrolls. Almost as if one hand of the Dept of Labor (initial claims reports) is unaware of what the other hand (Payrolls and especially revisions) is doing. The decline in SA and NSA claims appears driven by the normalization of Texas claim post-Beryl… The weekly change in claims, broken…  — Continue at ZeroHedge News : Read More