US Jobless Claims Jump to 211,000, Highest Level Since December

Bloomberg2023-03-09

Applications for US unemployment benefits last week rose to the highest since December, driven by spikes in California and New York and suggesting some softening in what’s still a tight labor market....

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • SGREIT Champ
    2023-03-10
    SGREIT Champ
    I have observed many times, a high jobless number released one day earlier, will be followed by a high payroll number (NFP) on the following Friday. Both numbers beating expectations for the same previous mth... Another bad news is the recent ADP Jobs report signalled a high payroll number... when the ADP number is high, the govt's payroll number will follow. We'll see tonight.
  • PowerUP
    2023-03-09
    PowerUP
    Stocks always go up after layoffs announcements
  • FranKoh
    2023-03-09
    FranKoh
    No need fundamental, just news ... sigh 😔 
  • BKT
    2023-03-09
    BKT
    Pls like thanks
  • CSK88
    2023-03-09
    CSK88
    Good good
  • torodaka
    2023-03-09
    torodaka
    [Miser] 
Leave a comment
14