Initial Jobless Claims Hover At 43 Year Lows, Diverge From Challenger Layoffs

Posted: August 5, 2016 in Uncategorized

Following Challenger Gray’s 2nd consecutive monthly rise in layoffs, appearing to resume its uptrend from last year, initial jobless claims rose a modest 3k to 269k (slightly worse than the expected 265k), still near 43 year lows…


With payrolls looming, initial jobless claims continue to hover near 43 year lows, comfortably supporting any “everything is awesome” narrative.

Charts: Bloomberg


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