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

Posted: August 5, 2016 in Uncategorized
Tags:

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

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s