Jobless Claims Crash To Multi-Decade Lows


Tyler Durden's picture

Continuing Jobless Claims plunged to 1.962mm last week – the lowest since April 2000

 

(right before the Nasdaq started to collapse and the US fell into recession).

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While ISM surveys show employment tumbling (and ADP was weak)…

 

initial jobless claims for the last week also collapsed back near its lowest levels since 1973.

 

“Full employment?”

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