Browsing Tag


Jump in initial claims to 965,000

Jobless claims data around the holiday season is marred by lots of seasonality. And so, only in the coming weeks are we likely to get a 'clean' look at what's going on in real time. The latest report shows a step change that is worrying,…

Big miss on jobs numbers

The report on the US Employment Situation for November 2020 was released today. And the headline job growth number was poor, a miss of over 200,000 jobs. But as I write this, markets are mostly of a bullish mindset, looking through this…

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