10 July 2025

It's Thursday ¯\_(ツ)_/¯

Short version:  Initial claims fell by 5,000 to 227,000 and continuing claims rose by 10,000 to 1.97 million.

My take on what this means is that employers are loathe to pay the costs of laying people off, and are equally loathe to pay the costs of hiring.

It's an economy on the precipice.  

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