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Initial Unemployment Claims Surge to 4-Year High
Etftrends· 2025-09-11 16:39
Continuing unemployment claims are the number of people who have already filed for unemployment and have continued to claims benefits for a subsequent week. Unlike initial unemployment claims, continuing claims are not considered a leading economic indicator and are a less important measure of economic health. Additionally, data for continuing claims has a one-week lag compared to initial claims. In the week ending August 30th, continuing jobless claims were at a seasonally adjusted level of 1,939,000. This ...
US Economy Is Slowly Grinding to a Halt, Kelly Says
Bloomberg Television· 2025-09-11 13:51
This data is good for bonds, it's questionable for equities. Equity futures just about unchanged. We'll see if this move sticks.But at the front end of the curve, we're down six basis points. And as Lisa pointed out, we're down across the curve. And this is largely because of the way the Federal Reserve has set things up.Coming into September, he basically told us the following, that you could have a one off effect on inflation, but not all at once. And the labor market data was concerning. Kim, which is wh ...