"Low Hire, No Fire": Jobless Claims Unexpectedly Plunge To Record Low

"Low Hire, No Fire": Jobless Claims Unexpectedly Plunge To Record Low We have gone from a "low hire, low fire" economy to "AI chatbot hire, no fire." We joke, but really there is no other way to explain what is going on here: this morning the Dept of Labor reported that in the week ended April 25, jobless claims fell 26k to 189k (from an upward revised 215k), compared with median est. 212k. And... are you sitting down... this was the lowest weekly jobless print on record. Wit...

By Tyler Durden