On track to give recession warning in November
Increasing trend in jobless claims continues; on track to give recession warning in November Initial jobless claims rose another 7,000 to 251,000 last week, an 8 month high. The 4 week average rose 4,500 to 240,500, a 7+ month high. And continuing claims also rose 51,000 to 1,384,000, which is 78,000 above their 50 year […]