While initial jobless claims continues to ignore the mass layoff announcements (due to severance etc for example), continuing claims ticked up modestly last week to 1.696mm Americans...
Source: Bloomberg
After the prior week's surge in California's jobless claims, the last week saw a major decline, with Ohio and Michigan seeing the biggest increase in claims last week...
The total number of Americans on some form of unemployment benefit continues to hover near one-year highs, over 1.9 million Americans...
Source: Bloomberg
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