Continuing Jobless Claims Top 1.9 Million Americans - Highest In 3 Years

[Collection]Tyler DurdenContinuing Jobless Claims Top 1.9 Million Americans - Highest In 3 Years

The number of Americans filing for jobless benefits for the first time fell to 213k last week (from 215k) - the lowest since April 2024...

Source: Bloomberg

However, on a non-seasonally-adjusted basis, claims hit a four month high.

California was by far the largest single state increase in new claims while New Jersey saw a small decline...

Meanwhile continuing jobless rose to 1.907 million Americans - the highest in three years...

Source: Bloomberg

So, take your pick - the labor market is hot (claims at 7mo lows) or very cold (cont claims at 3 year highs)?

Tyler Durden Wed, 11/27/2024 - 08:39Continuing Jobless Claims Top 1.9 Million Americans - Highest In 3 Years

The number of Americans filing for jobless benefits for the first time fell to 213k last week (from 215k) - the lowest since April 2024...

Source: Bloomberg

However, on a non-seasonally-adjusted basis, claims hit a four month high.

California was by far the largest single state increase in new claims while New Jersey saw a small decline...

Meanwhile continuing jobless rose to 1.907 million Americans - the highest in three years...

Source: Bloomberg

So, take your pick - the labor market is hot (claims at 7mo lows) or very cold (cont claims at 3 year highs)?

Tyler Durden Wed, 11/27/2024 - 08:39https://www.zerohedge.com/personal-finance/continuing-jobless-claims-top-19-million-americans-highest-3-years2024-11-27T13:39:09.000Z2024-11-27T13:39:09.000Z