Friday, 27 June 2025

Labor Market Creaks... Continuing Jobless Claims Highest Since Nov 2021


The trend of (modestly) rising initial jobless claims stalled last week, dropping from 246k to 236k (below 2435k exp)...

Source: Bloomberg

But, Continuing jobless claims kept rising to 1.974 million Americans - the highest since Nov 2021...

Source: Bloomberg

In the 'Deep TriState' region, jobless claims continue to rise also...

Source: Bloomberg

Delayed DOGE effects finally kicking in.


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