2025-11-10 14:52:00
- Labor market has cooled in an orderly way
- Consumer balance sheets are ok
- Companies say labor market has softened a little, things look reasonably ok
- Took notice of layoff announcements but at same time unemployment insurance claims were stable
I haven’t seen any private sector economists tallying until initial jobless claims but there are Fed officials noting that state-level unemployment claims are still being published and they can synthesize initial jobless claims from those. Their comments are all like Musalem’s who say they’ve been stable.
This article was written by Adam Button at investinglive.com.
