Continuing Jobless Claims Surges To 2 Year High
...and it’s going get worse as ‘distortions’ unwind…
Tyler Durden
"And it's going to get worse, as Goldman reminds us that ongoing seasonal distortions have increasingly weighed on the level of continuing claims over the last six months, and we now expect that the reversal of those distortions could exert a cumulative boost of 375k to the level of continuing claims between now and March."