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US Jobless Claims Are an Unreliable Indicator of Tight Labor Market

The number of Americans applying for unemployment insurance have been defying expectations and hovering near historically low levels, but they’re not a good indicator of the state of the labor market right now, according to a Bloomberg Economics analysis.

US Jobless Claims Are an Unreliable Indicator of Tight Labor Market

US Jobless Claims Are an Unreliable Indicator of Tight Labor Market
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US Jobless Claims Are an Unreliable Indicator of Tight Labor Market

(Bloomberg) The number of Americans applying for unemployment insurance have been defying expectations and hovering near historically low levels, but they’re not a good indicator of the state of the labor market right now, according to a Bloomberg Economics analysis.Most Read from BloombergRussia Says Ukraine Downed Plane Carrying Prisoners for SwapTrump Races Toward 2024 Biden Rematch After New Hampshire WinApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028Billionaire Joe

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