Takeaway: Claims came in at 207K (SA) / 315K (NSA), up 3.5% w/w / up +22% w/w, respectively

Below is a complimentary research note from our Financials analyst Josh Steiner. Check out Josh's product Financials Sector Profor the latest financial updates.

Weekly U.I. Claims Are Staying On Course - 1 6 2022 2 59 56 PM

HEDGEYE FINANCIALS WEEKLY LABOR MARKET READING

The domestic economy is reopening, labor markets progress towards normalization, pandemic-related uncertainty is fading, and pandemic benefits are ending.

We continue to see a strengthening in the down trend of initial claims data. While claims ticked up 3.5% it continues to stay at the post pandemic lows. 

Weekly U.I. Claims Are Staying On Course - summary 

Weekly U.I. Claims Are Staying On Course - initialClaims 

Weekly U.I. Claims Are Staying On Course - puaClaims

Weekly U.I. Claims Are Staying On Course - contJobless

Weekly U.I. Claims Are Staying On Course - claimUIBen

Weekly U.I. Claims Are Staying On Course - peuc

Weekly U.I. Claims Are Staying On Course - totUnemp