The number of Americans filing for jobless benefits for the first time was flat from the prior week at 229k (the same level it was at in Jan 2022)...

Headline continuing claims remains below the Maginot Line of 1.9 million Americans...

But, drilling down, the 'Deep Tristate' saw initial jobless claims spike last week...

...and continuing jobless claims in the 'Deep TriState' also rose as perhaps DOGE is starting to have some effects...

Finally, the chart that sums up the entire farcical FUD-fest about the US labor market and Trump's terrible tariff trauma...

When will the CEOs face reality?

...while headline claims continue to ignore CEO pessimism, DOGE's impact starts to show.
{ai:summary}Initial jobless claims in the U.S. remained steady at 229,000, mirroring figures from January 2022. Continuing claims stayed below 1.9 million, indicating stability in the labor market.However, the 'Deep TriState' region experienced a rise in both initial and continuing jobless claims, suggesting potential economic strain. The impact of external factors on the labor market remains a concern. #economy

Is DOGE Starting To Work? 'Deep TriState' Jobless Claims Surged Last Week

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