Initial Jobless Claims Jump Most In 5 Months; Higher Since Trump’s Election

The last two weeks have seen initial jobless claims rise 23k to 257k. This is the biggest 2-week rise since Thanksgiving last year and is back above the Trump election levels and the start of 2017 levels.
This is a four-week high but could perhaps be impacted by the holiday during the most recent period.

This post was published at Zero Hedge on Apr 27, 2017.