US Job Market Shows Strength with ADP Surge and Flat Jobless Claims

The US economy is exhibiting a 'mo hire, no fire' trend as ADP reported a surge in weekly job additions, while jobless claims remained flat, indicating a robust labor market.

23 Apr, 12:34 — 23 Apr, 12:34

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zerohedgeLow8d ago

"Mo Hire, No Fire" Economy Emerges As ADP Surges With Jobless Claims Flat

"Mo Hire, No Fire" Economy Emerges As ADP Surges With Jobless Claims Flat Following the surge in ADP's weekly job additions index earlier in the week... Today we see that the number of Americans filing for jobless benefits last week was just 214k - hovering back near record lows... Continuing jobless claims inched back above 1.8 million Americans last week but remains near two year lows... So are we morphing from "no hire, no fire" to a "mo more, no fire" economy? Tyler...

By Tyler Durden

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US Job Market Shows Strength with ADP Surge and Flat Jobless Claims

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"Mo Hire, No Fire" Economy Emerges As ADP Surges With Jobless Claims Flat

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