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Initial & Continuing Jobless Claims Surge As Layoffs Accelerate

Initial & Continuing Jobless Claims Surge As Layoffs Accelerate

The number of Americans filing for jobless claims for the first time in the last week was 224k (12k above expectations and 9k above the prior week). That is the highest since November…

Source: Bloomberg

Continuing claims also rose, to within a smidge of 1.9 million Americans (which is close to its highest since Dec 2021)…

Finally…

Are we starting to see that impact the claims data finally?


Thu, 02/01/2024 – 08:36

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