The number of Americans filing for jobless benefits for the first time last week fell to 237k last week (from 249k the prior week) on a seasonally-adjusted basis. Without the 'seasonal adjustment', initial jobless claims rose to its highest since January...

New York stood out as a massive outlier last week with jobless claims soaring. New Jersey saw the biggest drop in claims...

Continuing Claims ticked up (from 1.718mm to 1.729mm) last week...

So, on an 'adjusted' basis, everything looks awesome - thank the lord for Bidenomics!

...more magical 'adjustments'
{ai:summary}Jobless claims in the US decreased to 237k last week, although without seasonal adjustment, claims rose to their highest level since January. New York experienced a significant increase in jobless claims, while New Jersey saw a decline. Continuing claims slightly increased to 1.729mm. The statement sarcastically attributes the positive outcome to "Bidenomics." #economy

'Unadjusted' Jobless Claims Rise To 6-Month Highs

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