Post-Election, Continuing Jobless Claims Are Soaring Most Since 2008

After years of declines, the 11 weeks since President Trump was elected have seen something 'different' happen in continuing jobless claims.

 

Despite payrolls and ADP exuberance, the number of people continuing to receive unemployment benefits has risen at the fastest rate since 2008 post-election.

 

Probably just a coincidence.

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