Initial Jobless Claims Surge To 12-Month Highs

[Collection]Tyler DurdenInitial 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 - 08:35Initial 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 - 08:35https://www.zerohedge.com/personal-finance/initial-jobless-claims-surge-12-month-highs2024-08-01T12:35:16.000Z2024-08-01T12:35:16.000Z