Dear Janet, What Now? Initial Jobless Claims Tumble To 43 Year Lows

While nonfarm and ADP payrolls data starts to roll over, along with The Fed's labor market conditions indicator, initial jobless claims re-plunged back to its lowest since 1973. A significant drop of 16k to 254k is the lowest - except for a brief April dip - in 43 years...

Closer to the next recession...


A couple more things to ignore...

 

So now what Janet? Brexit decision done and things are holding in there and US jobs are awesome?