Bullish
$SPXS Initial jobless claims in the week ended March 21 of 3.28 million were up from 282,000 in the prior week and more than quadruple the previous record weekly new claims of 695,000 in 1982, according to Labor Department figures released Thursday. During the 2008-2009 recession the highest number of new claims in a week was 655,000. Continuing claims peaked at around 6.6 million in 2009 when overall unemployed numbers rose to about 15 million.
  • 1
  • 1