Continuing Jobless Claims Hit 3-Year-Highs As Initial Claims Hold Near 7-Month-Lows


Initial jobless claims for the week ending 12/21 were flat on the prior week at 219k, holding near 8 month lows…Source: BloombergBut, continuing job less claims keep rising, this week topping 1.9mm once again at the highest since Nov 2021…Source: BloombergSo once again America – is the labor market naughty or nice?More By This Author:Too Much Tesla Hype From Wedbush’s Daniel Ives? Deutsche Bank Sees Q4 Deliveries MissingThe Musk-Led Manufacturing Revolution Nobody Is Talking AboutChina To Issue Record 3 Trillion Yuan In Special Treasury Bonds To Boost Economy

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