#jobless claims

After a brief disturbance due to the hurricanes this fall, initial jobless claims have collapsed back to 225k (down 11k last week), hovering near their lowest level since 1973... Update: Southbay Reserach notes that the main driver behind the drop in claims is California which saw a one-week

What a difference a year makes: last December, just as the ECB was about to shock the market with the announcement of its first €20 billion QE tapering, macroeconomic data mattered, especially since the Fed's tightening intertia appeared to truly be data-dependent, if only for a very short period

Ignoring the storm-driven aberrations, this week's 10k jump in initial jobless claims to 249k signals a notable regime shift in the labor market. For the first time since 2016's growth scare, there are more Americans opening jobless claims than last year... In fact there are over 4% more people on

Submitted by RanSquawk The BLS will release the October Employment Report at 08:30am ET on Friday, November 3.  The Street is looking for a veritable surge in hiring following the hurricane-related disruption last month sent monthly payrolls to the first negative print in 7 years. Analysts also

Tomorrow's hurricane-affected September jobs report will be... confusing. That is the (lack of) consensus from Wall Street analysts, who expect an average print of 80,000 (down from the 3-month average of 185K), however with huge variance on either side, with 4 economists predicting a loss of jobs,