Jobless Claims Drop In Welcome Reprieve, As Stimulus Talks Ongoing

Jobless Claims Drop In Welcome Reprieve, As Stimulus Talks Ongoing

712,000 Americans filed for unemployment benefits last week, far fewer than expected, marking a welcome reprieve after two consecutive weeks of disconcerting figures. The market was expecting 775,000. Last week's level, which marked a five-week high when it was first reported, was revised up by 9,000 to 787,000. The latest initial claims print brings us back to within shouting distance of the pre-pandemic record, which isn't saying much -- that we're now nine full months into the crisis and cl
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One thought on “Jobless Claims Drop In Welcome Reprieve, As Stimulus Talks Ongoing

  1. McConnell now has the cudgel and 908 billion ain’t gonna happen. He would rather see Biden stumble right out of the box then provide a bridge to make things better early next year.

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