Jobless claims came in at 196k this week—better than the 207k everyone was expecting. Continuing claims also dropped to 1.73M, below estimates.
Nothing dramatic here, but worth noting the regional shifts: California shed 4,600 claims, Texas down 3,000. Meanwhile Kentucky ticked up by 1,000.
Labor market still holding. Not hot, not cold. Just… steady. Which in this environment might be the best outcome we could ask for.
Nothing dramatic here, but worth noting the regional shifts: California shed 4,600 claims, Texas down 3,000. Meanwhile Kentucky ticked up by 1,000.
Labor market still holding. Not hot, not cold. Just… steady. Which in this environment might be the best outcome we could ask for.
