US Jobless Claims Hit 187K, Lowest Since 1969
A 187K print is not just a 56-year low, it lands before the BLS shutdown has resolved, leaving markets to digest a labor signal that looks anomalously strong on an old data series.
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A 187K print is not just a 56-year low, it lands before the BLS shutdown has resolved, leaving markets to digest a labor signal that looks anomalously strong on an old data series.
A solid print on the headline number, with March and April revised up by a combined 93K — the labor market isn't cooling the way the Fed's pre-cut dot-plot assumed it would.
US small business hiring is expected to fall to its lowest level since May 2020, a threshold that carries significant…
Initial claims and layoff data aren't screaming recession yet, but a flat unemployment rate masks a softer hiring backdrop — and summer has historically been when claims start to climb.