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Weekly jobless claims fall to 233,000 positive for labor marketwww.cnbc.com/2024/08/08/weekly-jobless-claims-fall-to-233000-less-than-expected-in-a-positive-sign-for-labor-market.html
61 sats \ 5 comments \ @Cje95 8 Aug 2024 econ
Fell less than expected and the Treasury yields on 10 year went back up above 3.98%.
I think this shows further that good old Jermey Sigeal needs to calm down when he talks about the markets are melting down and an emergency Fed meeting is needed.
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0 sats \ 4 replies \ @Satosora 8 Aug 2024
Who published these numbers? And who did they leave out?
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20 sats \ 3 replies \ @Cje95 OP 8 Aug 2024
The Labor Department lol and it is only for first-time filers!
First-time filings for jobless benefits totaled 233,000 for the week, a decline of 17,000 from the previous week’s upwardly revised level and lower than the Dow Jones estimate for 240,000, the Labor Department reported Thursday.
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0 sats \ 2 replies \ @Satosora 8 Aug 2024
Yes, so they are leaving a huge amount out. So the numbers look small.
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20 sats \ 1 reply \ @Cje95 OP 8 Aug 2024
This is a weekly released number the one from last week was the monthly number for the previous month! Essentially this is supposed to provide a snap shot into what the labor market is like atm
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0 sats \ 0 replies \ @Satosora 8 Aug 2024
If they added all the numbers up it might be more accurate.
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