Continuing Claims Up 31% since May Low (unemployment, jobs, increase, market) - Economics

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Continuing Claims Up 31% since May Low (unemployment, jobs, increase, market)

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03-09-2023, 09:11 AM

TheseGoTo11 TheseGoTo11 started this thread

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With an increase of 69k this past week, continuing claims topped 1.7 million, up over 30% from their May low. They've been trending up the last few months and are often a better predictor of future unemployment than headline unemployment rate and monthly jobs created.

https://fred.stlouisfed.org/series/CCSA
https://www.reuters.com/markets/us/u...ed-2023-03-09/

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