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Rate-Cuts? Jobless Claims Remain Low As Hurricane Effects Fade
The number of Americans filing for jobless benefits for the first time rose modestly last week from 215k to 224k – still obviously very low numbers…
Source: Bloomberg
Hurricane-related states (Florida and North Carolina) have seen initial claims crash to near record lows
Source: Bloomberg
Continuing Claims dropped back below 1.9mm Americans (1.871mm)
Source: Bloomberg
Not exactly rate-cutting-type numbers, eh?
Tyler Durden
Thu, 12/05/2024 – 08:37
