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The Boock Report
The Boock Report
Labor market antenna should be now up

Labor market antenna should be now up

Peter Boockvar
Jun 08, 2023
∙ Paid
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Initial jobless claims rose to 261k from 233k and that was well above the estimate of 235k. That’s the highest print since October 2021 and this brought the 4 week average up to 237k from 230k. Continuing claims, delayed by a week, in contrast fell to 1.757mm from 1.794k and below the forecast of 1.8mm.

Bottom line, are we on the cusp of the next move hi…

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