Initial Jobless Claims Extend Longest Run Since 1969
Initial claims came in at 199,000, only the 11th week below 200,000 since 1969, while the four-week average of continuing claims fell to its lowest level since April 2023.
Those Jobs Numbers? Looks Like the Joke’s on Us.
We got disappointing data and big revisions. But can we take any of it seriously?
My Big Concern Around the Economy
Let’s open the Beige Book, look at employment and see why the jobs picture could be more fragile at the moment than realized.
Congrats, Class of 2026. Your Timing is Terrible. Mine Was, Too.
The class of 2026 is graduating into an awful economy. My own story shows that there is hope.