On a non-seasonally-adjusted basis, jobless claims exploded higher in the second week of January to 351k - the highest since the second week of 2022...

Adjusted claims also rose from 203k to 217k.

Continuing claims dipped from 1.877mm Americans to 1.859mm...

Interesting that amid the record surge in small business optimism post-election, that unadjusted claims would soar so high?

We're sure it's just a coincidence and nothing to do with Trump.

...highest unadjusted claims print since the first week of 2022...
{ai:summary}<p>Jobless claims surged to 351,000 in the second week of January, marking the highest level since early 2022. Adjusted claims also increased from 203,000 to 217,000, while continuing claims slightly fell to 1.859 million.</p><p>This rise in claims occurs despite a notable increase in small business optimism following the election, raising questions about potential connections to broader economic trends. #economy</p>

Initial Jobless Claims Hit 3-Year High (Despite Post-Election Surge In 'Hiring Plans')

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