Labor Market Creaks... Continuing Jobless Claims Highest Since Nov 2021

The trend of (modestly) rising initial jobless claims stalled last week, dropping from 246k to 236k (below 2435k exp)... Source: Bloomberg But, Continuing jobless claims kept rising to 1.974 million Americans - the highest since Nov 2021... Source: Bloomberg In the 'Deep TriState' region, jobless claims continue to rise also... Source: Bloomberg Delayed DOGE effects finally kicking in. Tyler Durden Thu, 06/26/2025 - 08:39