The number of Americans filing for jobless benefits for the first time rose very modestly to 222k last week. Since Nov 2021, jobless claims have barely blipped higher (or lower), despite the recent tsunami of calls for imminent recession...

Continuing jobless claims dropped to 3 month lows...

But here's the big picture - despite CEO panic, employment remains unquestionably strong...

So are these CEOs delinquent in their roles? Why aren't they firing 1000s of staff? Or are they just full of shit in their public prevarications?

...but, but, but the recession is coming, the recession is coming?
{ai:summary}<p>First-time jobless claims in the U.S. rose slightly to 222,000 last week, while continuing claims fell to a three-month low. Despite concerns over a potential recession, employment figures remain strong.</p><p>The disparity raises questions about CEO responses to economic pressures. Are they failing to act appropriately, or are their public statements misleading? #economy</p>

WTF Are CEOs Waiting For? Jobless Claims Refuse To Buckle To 'Recession' Narrative

Loading...