Continuing jobless claims, which many people view as a better barometer of the health of the jobs market than weekly jobless claims, is spiking higher at an alarming rate pic.twitter.com/VprkqXtW71
— Robert Burgess (@BobOnMarkets) January 9, 2020
STC/W claims depict employees experiencing reduction in work (filed by EMPLOYER compensating for less hours, vs unemp. claims filed by WORKER); those collecting STC/W=fraction of 1.8m collecting unemp. insurance (workshare=early sign of cyclical inflection points) @DiMartinoBooth pic.twitter.com/hzfbKPdz0y
— Liz Ann Sonders (@LizAnnSonders) January 9, 2020
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