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Thursday, October 6, 2022

Jobless Report -- October 6, 2022

The numbers: yawn.

  • initial claims: up 29,000 week-over-week; not statistically significant 
  • continuing claims: up 15,000; not statistically significant

Most analysts track U-3. Not me. U-1. Link here. If one actually looks at the definitions of the various categories, one will understand why I prefer U-1.

Jobs report: pending. This was last week:

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