Jobless Claims Tumble To 57-Year Lows

Despite various surveys suggesting American consumers have never been less confident, the number of Americans filing for jobless benefits for the first time, sits near cycle lows (breaking back below 200k this week (196k)...

On an unadjusted basis, last week saw the lowest level of initial claims since 1969...

Additionally continuing jobless claims fell to its lowest since Jan 2024...

The Conference Board's Labor Market Survey data is signaling the opposite...

So who is right? Can we reall;y be seeing the weakest labor market (for jobseekers) in years and the strongest labor market (for jobkeepers) in decades?