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: BloombergAfter 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 Loading…
Total Number Of Americans Claiming Jobless Benefits Hovers Near One-Year Highs
