11 September 2025

Initial Jobless Claims at 4 Year High (wondering how long it'll take for people to see a pattern)

Last week initial jobless claims rose to 263,000.

This is the highest they have been since October of 2021, nearly four years ago.
I'm an old guy wondering how many times we have to go through the cycle of Republicans breaking the economy and then Democrats repairing it before it dawns on the 5% of the Americans who swing every election that there is a pattern here.

https://fred.stlouisfed.org/series/ICSA

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