The number of Americans filing for jobless benefits for the first time was flat from the prior week at 229k (the same level it was at in Jan 2022)…
Source: Bloomberg
Headline continuing claims remains below the Maginot Line of 1.9 million Americans…
Source: Bloomberg
But, drilling down, the ‘Deep Tristate’ saw initial jobless claims spike last week…
Source: Bloomberg
…and continuing jobless claims in the ‘Deep TriState’ also rose as perhaps DOGE is starting to have some effects…
Source: Bloomberg
Finally, the chart that sums up the entire farcical FUD-fest about the US labor market and Trump’s terrible tariff trauma…
Source: Bloomberg
When will the CEOs face reality?
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