Pete

Feb 11, 20211 min

Weekly Claims Fall A Bit

Weekly claims did drop from the previous week yet still exceed expectations. Yesterday Chair Powell warns that the "real rate" of unemployment exceeds 10% as people that drop out of the labor force are taken into consideration.

See the full report here

https://www.cnbc.com/2021/02/11/us-jobless-claims-total-793000-vs-760000-estimate.html?__source=newsletter%7Cbreakingnews

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