Weekly Jobless Claims Fell by More Than Expected As Trade War Escalated
https://www.breitbart.com/economy/2019/05/16/weekly-jobless-claims-plunge-to-212000/
FTA:
New claims for state unemployment benefits declined by 16,000 to a seasonally adjusted 212,000 for the week ended May 11, the Labor Department said on Thursday.
The four-week moving average of initial claims, which smoothes out week-to-week volatility and is looked at as a more reliable measure of the labor market, rose 4,750 to 225,000 last week.
Mollie@MZHemingway
WOW. This thread is WELL worth a read.
Undercover Huber:
https://twitter.com/JohnWHuber/status/1129020561684869127