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
