The trend of (modestly) rising initial jobless claims stalled last week, dropping from 246k to 236k (below 2435k exp)...

But, Continuing jobless claims kept rising to 1.974 million Americans - the highest since Nov 2021...

In the 'Deep TriState' region, jobless claims continue to rise also...

Delayed DOGE effects finally kicking in...
{ai:summary}<p>Initial jobless claims fell to 236,000, below expectations, but continuing claims rose to 1.974 million, the highest level since November 2021. The increase in continuing claims is particularly notable in the 'Deep TriState' region, indicating ongoing labor market challenges. </p><p>#economy</p>

Labor Market Creaks... Continuing Jobless Claims Highest Since Nov 2021

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