Thursday, February 23, 2023

Less Than 200,000 Americans Are Claiming Jobless Benefits for 6th Straight Week...

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US labor conditions continue to remain surprisingly strong, as demonstrated by initial jobless claims last week... 

With 192,000 Americans filing for unemployment and only a 1k increase from previous estimates of 195k, this marks six weeks of steady progress towards economic growth unheard-of since before 2020 began. 

January alone saw an influx of 517K jobs being added - evidence that monetary policy is still not doing enough to deter potential employers...

Read more HERE


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