Friday , April 4 2025
Home / The Angry Bear / Jobless claims continue low

Jobless claims continue low

Summary:
Jobless claims continue low, but lows for this expansion likely already past Initial claims (blue) rose 11,000 to 227,000 (vs. the pandemic low of 188,000 on December 4). The 4 week average (red) rose 500 to 231,250 (vs. the pandemic low of 199,750 on December 25). Continuing claims (gold, right scale) increased 18,000 to  1,494,000, (vs. 1,474,000 two weeks ago, which was the lowest number in over 50 years): We have probably seen the lows in initial claims for this expansion. With continuing claims continuing close to a 50 year+ low, the record tightness in the jobs market isn’t going away, meaning there will be continuing upward pressure on wages.I’ll take a look at this morning’s CPI report in a separate post.

Topics:
NewDealdemocrat considers the following as important: ,

This could be interesting, too:

NewDealdemocrat writes JOLTS revisions from Yesterday’s Report

Bill Haskell writes The North American Automobile Industry Waits for Trump and the Gov. to Act

Bill Haskell writes Families Struggle Paying for Child Care While Working

Joel Eissenberg writes Time for Senate Dems to stand up against Trump/Musk

Jobless claims continue low, but lows for this expansion likely already past

Initial claims (blue) rose 11,000 to 227,000 (vs. the pandemic low of 188,000 on December 4). The 4 week average (red) rose 500 to 231,250 (vs. the pandemic low of 199,750 on December 25). Continuing claims (gold, right scale) increased 18,000 to  1,494,000, (vs. 1,474,000 two weeks ago, which was the lowest number in over 50 years):

Jobless claims continue low
We have probably seen the lows in initial claims for this expansion.


With continuing claims continuing close to a 50 year+ low, the record tightness in the jobs market isn’t going away, meaning there will be continuing upward pressure on wages.
I’ll take a look at this morning’s CPI report in a separate post. 

Leave a Reply

Your email address will not be published. Required fields are marked *