Continuing Jobless Claims Hit 3-Year-Highs As Initial Claims Hold Near 7-Month-Lows
Initial jobless claims for the week ending 12/21 were flat on the prior week at 219k, holding near 8 month lows...
Source: Bloomberg
But, continuing job less claims keep rising, this week topping 1.9mm once again at the highest since Nov 2021...
Source: Bloomberg
So once again America - is the labor market naughty or nice?
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