U.S Initial Jobless Claims
Rep: 187k ✅ Lower Than Expected ✅
Exp: 207k
Prev: 203k (revised up from 202k)
A positive release today with initial claims coming in much lower than expected.
Chart Trend
We are very close to taking out the lows from Oct 2022 at 180k claims on the chart. Importantly these charts do not update with revised figures and factoring in...
Introduction
In the complex and multifaceted world of economic indicators, initial jobless claims hold a special place. As a measure of the number of individuals filing for unemployment benefits for the first time, this statistic offers a real-time glimpse into the health of the labor market, which in turn is a vital component of the overall economic landscape....
MACRO MONDAY 9
Initial Jobless Claims
Historical Analysis and Important upcoming levels
Initial claims are new jobless claims filed by U.S. workers seeking unemployment compensation, included in the unemployment insurance weekly claims report. "Initial claims" refers to the government report on the number of workers applying for unemployment benefits for...
Everyone is wondering when the FED is going to cut rates.
My answer: Q1 24' the rate environment should see a major shift
Increasing waves of layoffs are most likely on the way.
The question employees should be asking is:
How safe is my job?
