– by New Deal democrat Last week I pointed out that the YoY increases in initial and continuing jobless claims appeared to be all about Texas in the wake of Beryl. This week there was good news even with some continued hurricane Beryl effects in Texas. Initial claims declined -7,000 to 227,000 for the week, […]

 – by New Deal democrat Officially reported initial jobless claims declined -17,000 to 233,000 last week. The four-week moving average rose 750 to 240,750. With the typical one-week delay, continuing claims rose 6,000 to 1.875 million, the highest number since November 17, 2021: On the more important YoY basis, initial claims were down -9.7%, while […]