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Jobless claims rise more than expected
CNBC Televisionยท 2025-09-04 13:13
Rick Santelli here live at CME HQ with the breaking news of the morning. Second quarter final read on non-farm productivity. It jumps to 3.3%.This was with expectations well under 3%. Our last look 2.4% 3.3% would be the best going all the way back to the last quarter of 23. That is very good news.Unit labor costs moderate from 1.2% expected 1.6% 6 in the rearview mirror goes down to 1% down to 1%. That would be the smallest since it was negative minus 1.5% in the third quarter of 24. Initial jobless claims ...