For referece the next-highest historical figure for weekly initial jobless claims was 695,000 in 1982.
Though the trend is pessimistic, we are still a LONG WAY from the Bloomberg consensus forecast predicting a recession in
June 28, 2022
Though the trend is pessimistic, we are still a LONG WAY from the Bloomberg consensus forecast predicting a recession in the US in 2023. thedailyshot.com/2022/06/28/bus…