Initial Jobless Claims: Tighter than Your Favorite Pair of Jeans! Ready for the numbers?
Ramin Ekhtiar
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Let's talk numbers, shall we?
?? Initial Jobless Claims took a tiny leap, a mere 6,000 new claims in the latest week. But hold onto your LinkedIn hats, folks, because here's the cool part – we've been keeping those first-time filers under 230,000 for three weeks running!
After a rocky start to June, we're now riding a smoother wave, proving that employers are playing the retention game like champs! ????
Wait for it,..
Drumroll Please… Continuing Claims had a 21,000 uptick, with 1.7 million champs still getting those benefits after the initial claim. Yeah, it's higher than last September's low, but guess what? It's way down from the "oh-no" high of 1.861 million back in April. Folks are finding new gigs, and some benefits are taking their final bow.
Now, let's chat about the JOLTS – Job Openings and Labor Turnover Survey. ??? In May, we were ROCKING 9.62 million job openings, but June decided to do a little dance down to 9.58 million.
Okay, maybe it's not a wild party, but hang on, because even with the slide, these numbers are still jacked up compared to the pre-Covid era! But hold your horses, there's a twist! ??
As the whole "work from anywhere" scam became the norm during the pandemic, guess what we started seeing more of? Job listings in multiple states!
Yep, it's like a job listing road trip across the country. ???? This sneaky twist has thrown some extra zeros into our openings count, making us look like we've got more going on than ever. Reality check, folks – it's not just about more openings, it's about a new way of looking at the game! ??
So there you have it, folks! The job market's doing the cha-cha, the hustle, and even a little moonwalk. Stay tuned for the next economic adventure, and if you're not already following me for these #financialshenanigans, hit that magic follow button!
Let's keep the numbers game fun and way more engaging. Who's in? ???? #EconomyFun #JobsInTheWild #FollowTheNumbers #realtalk #joblessclaims #recession #interestrates