CNN CNN News Central June 4, 2024 18:22:00
Trying so hard to slow this economy down. we also got good numbers on the jobs front. initial jobless claims, that's a proxy for layoffs. they fell sharply in the latest week.that's a good sign. it signals that the pace of layoffs is slowing. you can see layoffs did pick up earlier this year, but that is really starting to unwind. so if you put this together, it paints the picture of an economy that is pretty healthy. much healthier than people thought, especially the economists that had been predicting a recession. >> a world in which the yankees and red sox don't exist. we can all dream. it'...