Buddy Can You Spare a Dime

Filings for U.S. initial jobless benefits surge by the most since March

Surged last week by the most since late March – up 181K to 965K in the week ended January 9.

Unadjusted, the total is up 1.15 million.

Caught analysts by surprise – nobody saw the claim uptick coming.

https://www.bloomberg.com/news/articles/2021-01-14/u-s-jobless-claims-jump-by-most-since-march-approach-1-million?srnd=premium

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