Article Image

News Link • Employment & Jobs

Initial Jobless Claims Show No Signs Of Labor Market Distress

• https://www.zerohedge.com, by Tyler Durden

After the shutdown, we have seen an uptick in initial jobless claims in the 'Deep TriState'...

Source: Bloomberg

Continuing jobless claims bounced back a little from the big Thanksgiving week plunge but remain well off recent highs...

Source: Bloomberg

So despite the uptick in the BLS-derived unemployment rate, jobless claims data show no signs of acute distress anywhere.


Zano