Initial Jobless Claims (422K) came in slightly higher than economist
expected (417K) but less than the previous month (424K) Continuing
Jobless Claims (3711K) crept higher, coming in higher than economist
expected (3675K) and higher than the previous month (3690K)
Okay, so can the economy improve if people keep losing jobs? I mean, I guess theoretically we all can't lose our jobs.
John Broussard
Assistant State Treasurer
Chief Investment Officer
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