Initial Claims Say It's the 1980s, Continuing Claims Say It's the 1990s. Which One Is It?
Yesterday's Initial Claims and Continuing Claims figures came in relatively good on Thursday.
Initial Claims dropped almost 9% from the previous week, coming in at a seasonally adjusted 255K.
Continuing Claims also improved, coming in down 0.4% to a seasonally adjusted 2.207 million.
Both provide evidence that the U.S. economy is on stable footing.
Initial Claims Picture
Here's a look at the Initial Claims picture.
Unsurprisingly if you're a . . .
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