Initial Jobless Claims Above 1 Million Again Last Week

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by Tyler Durden
Thursday, Aug 27, 2020 - 08:36 AM

For the second week in a row - as the 'recovery' ebbs - over 1 million Americans filed for first-time jobless benefits last week...

Source: Bloomberg

The 1.006 million print was a very modest improvement over last week's 1.104 million but is the 22nd of the last 23 weeks where over 1 million Americans have filed.

Continuing Claims dipped very modestly from 14.758 million to 14.535 million as the rebound slows dramatically...

Source: Bloomberg

Don't these people look at the stock market?!!