Die Gedanken sind frei, except I'm not allowed to publish all of them.
Thursday, August 15, 2019
Jobless claims through 8/10/19 pop above year ago levels in both seasonally-adjusted and not-seasonally-adjusted
That's now the third time in recent months (May, June, August), a concerning sign given that full time employment usually peaks in 3Q. It's not encouraging to see such weakness at the strongest time of the year.