Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Initial Jobless Claims Unexpectedly Spike To Start The Year

Courtesy of ZeroHedge View original post here.

The number of actual Americans filing for jobless benefits for the first time spiked to 419k in the first week of 2022. That is the highest since May 2021.

Seasonally-adjusted, initial claims also rose notably to 230k (against 200k expected)

Source: Bloomberg

And while continuing claims on a seasonally-adjusted basis dropped to 1.559mm – pre-COVID-lockdown levels – on a non-seasonally-adjusted basis, continuing claims jumped to 2.056mm, the highest since mid-October.

Source: Bloomberg

And overall, the number of Americans filing for some form of unemployment benefit rose from 1.722mm to 1.948mm (unadjusted)…

Source: Bloomberg

Is this the Omicron effect?


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!