Initial Jobless Claims Reached 213,000 in the Latest Week; Retail Sales Rise More Than Expected in August

Tiger Newspress2022-09-15

Initial claims were 213,000 for the week ending 9/10 (-5,000). Insured unemployment was 1,403,000 for the week ending 9/3 (+2,000).

Meanwhile, August Retail Sales:+0.3%M/M vs. +0.2% consensus and -0.4% prior (revised from +0.0%).

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Comments

  • luv2trade
    2022-09-16
    luv2trade
    k
  • 来人
    2022-09-16
    来人
    Ok
  • 88wlam88
    2022-09-15
    88wlam88
    Signs of relief?
  • T0000024852
    2022-09-15
    T0000024852
    Hello
  • Aeron2020
    2022-09-15
    Aeron2020
    ok
  • Remotecam
    2022-09-15
    Remotecam
    This 213k jobless claims is actually 5000 less than the month before, indicating US demand for workers remains healthy despite an uncertain economic outlook.The higher retail sales indicate people are accepting the higher inflated goods prices. Both are bad news if you're trying to suppress inflation.  FEDS need to continue rate hikes well into 2023. 
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