top of page
  • Writer's picturePete

Some Opinion and Facts

Although weekly claims came out a bit higher than expected when we consider the revisions it is sharply unchanged. Continuing claims were a bit worse which leads me to believe that there could be a mindset to wait and see if a stimulus package will be passed and have some say “why should I go back to work” as has been the attitude of many in the past. All in all it shows me the need to get businesses and schools to open safely. Hear are the numbers.


  • Weekly jobless claims totaled 884,000 last week vs. estimates of 850,000.

  • Continuing claims totaled 13.385 million, an increase of 93,000 from the previous week.

4 views0 comments

Recent Posts

See All

This jobs number should ease some recession fears, although next weeks CPI will be a key indicator as we all know. Payrolls were up 372,00 better than expected with the unemployment rate remains at 3.

It is incredible the products the CME Group keep developing to efficiently manage risk. Coming in October they will be releasing products that lenders and other institutional financial market users wi

The CME in August will be introducing a new Lumber Futures Contract that is very beneficial to hedgers. Her are the highlights... New Lumber futures and options Launching on August 8* barcharts.com Th

bottom of page