Initial Jobless Claims Refuse To Blink Amid Increasingly Fragile Labor Market Signals

Initial Jobless Claims Refuse To Blink Amid Increasingly Fragile Labor Market Signals Unchanged from near 1969 lows for the last five years... That's quite a statement amid the sound and fury of markets and macro over the same period, but sure enough, the number of Americans filing for unemployment benefits for the first time ticked up to 206k last week - the same level as they were back in 2001... Michigan was the standout state with the largest decline in initial jobless cl...

By Tyler Durden