{"id":1571215,"date":"2025-09-11T12:47:32","date_gmt":"2025-09-11T16:47:32","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1571215"},"modified":"2025-09-11T12:47:32","modified_gmt":"2025-09-11T16:47:32","slug":"texas-sparks-unexpected-surge-in-jobless-claims-to-highest-in-4-years","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/texas-sparks-unexpected-surge-in-jobless-claims-to-highest-in-4-years\/1571215\/","title":{"rendered":"Texas Sparks Unexpected Surge In Jobless Claims To Highest In 4 Years"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Texas Sparks Unexpected Surge In Jobless Claims To Highest In 4 Years<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><em><strong>Time&#8217;s Up!<\/strong><\/em><\/p>\n<p>After four years of showing no signs of life, initial jobless claims surged higher last week with 263,000 American filing for jobless benefits for the first time &#8211; the most since Oct 2021&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfm8C8D.jpg?itok=4sjqr8Sa\"><\/a><\/p>\n<p>Source: Bloomberg<\/p>\n<p>Under the hood, <strong>Texas massively dominated the surge in jobless claims last week<\/strong> (we are struggling to figure out why)&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/get_attachment_url%20%2814%29_3.jpg?itok=6tHlsPpd\"><\/a><\/p>\n<p>The spike in Texas looks anomalous (still no details)&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmA499.jpg?itok=XKCdwy4J\"><\/a><\/p>\n<p>Continuing claims remain above 1.9 million Americans &#8211; also the highest in four years&#8230;<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/bfmD71A_2.jpg?itok=8ICwJTAK\"><\/a><\/p>\n<p>Source: Bloomberg<\/p>\n<p>Tiffany Wilding, an economist at Pimco, tells Bloomberg Television:\u00a0<\/p>\n<p><em><strong>\u201cWe are getting what we expected on inflation. The more concerning news from the data this morning is a jump in claims.<\/strong><\/em><\/p>\n<p><em>\u201cIt has been relatively contained, despite the labor market really slowing to a halt over the last year. and now the jump in claims today looks a little more concerning. We are moving out of a period of very little activity or very little hiring or firing to potentially some more separations.<strong> That is going to be super concerning, for the Federal Reserve.<\/strong>\u201d<\/em><\/p>\n<p>&#8230;get back to work Mr.Powell!<\/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, 09\/11\/2025 &#8211; 08:47<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/personal-finance\/jobless-claims-unexpectedly-soar-highest-4-years\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/personal-finance\/jobless-claims-unexpectedly-soar-highest-4-years<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Texas Sparks Unexpected Surge In Jobless Claims To Highest In 4 Years Time&#8217;s Up! After four years of showing no signs of life, initial jobless&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1571216,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1571215","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\/1571215","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=1571215"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1571215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1571216"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1571215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1571215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1571215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}