​Initial Jobless Claims Surge To 12-Month Highs – Tyler Durden

Initial Jobless Claims Surge To 12-Month Highs The number of Americans filing for jobless benefits for the first time rose to 249k last week – the highest since last August… Source: Bloomberg Texas claims continue to fall as the storm-related surge normalizes… Source: Bloomberg Additionally, the number of Americans continuing to claim unemployment benefits rose to 1.877 million last week – the highest since Nov 2021… Source: Bloomberg Is this ‘bad’ enough news to lock in September rate cuts? Tyler Durden Thu, 08/01/2024 – 08:35  — Continue at ZeroHedge News : Read More