{"id":1473788,"date":"2024-06-27T12:38:58","date_gmt":"2024-06-27T16:38:58","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1473788"},"modified":"2024-06-27T12:38:58","modified_gmt":"2024-06-27T16:38:58","slug":"continuing-jobless-claims-rise-to-highest-since-nov-2021","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/continuing-jobless-claims-rise-to-highest-since-nov-2021\/1473788\/","title":{"rendered":"Continuing Jobless Claims RIse To Highest Since Nov 2021"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Continuing Jobless Claims RIse To Highest Since Nov 2021<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>The number of Americans filing for jobless benefits for the first time dipped from a revised 239k to 233k last week&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm2BEF_0.jpg?itok=IMPoIx9U\"><\/a><\/p>\n<p><em>Source: Bloomberg<\/em><\/p>\n<p>However, <strong>continuing claims for jobless benefits continues to rise &#8211; hitting its highest since November 2021 at 1.839mm Americans<\/strong> &#8211; and the overall trend in initial claims is clearly heading higher&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm149.jpg?itok=FhPDtsWA\"><\/a><\/p>\n<p><em>Source: Bloomberg<\/em><\/p>\n<p>Is this data bad enough to warrant immediate rate-cuts?<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm9280_0.jpg?itok=2G7KBkaX\"><\/a><\/p>\n<p><em>Source: Bloomberg<\/em><\/p>\n<p>We suspect there&#8217;s a long way to go before we reach reality.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Thu, 06\/27\/2024 &#8211; 08:38<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/personal-finance\/continuing-jobless-claims-rise-highest-nov-2021\" target=\"_blank\" class=\"\" rel=\"noopener\">https:\/\/www.zerohedge.com\/personal-finance\/continuing-jobless-claims-rise-highest-nov-2021<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Continuing Jobless Claims RIse To Highest Since Nov 2021 The number of Americans filing for jobless benefits for the first time dipped from a revised&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1473789,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1473788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1473788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1473788"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1473788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1473789"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1473788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1473788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1473788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}