The U.S. Federal Reserve HATES low jobless claims and strong jobs numbers. The Fed isn't satisfied by falling inflation. It wants to see rising unemployment, with all that entails -- poverty, misery, desperation.
The latest: Initial jobless claims at 190k vs. 214k est. & 205k in prior week; continuing claims at 1.647M vs. 1.655M est. & 1.63M prior … greatest increases in CA (+4.6k), KY (+2.6k), & ID (+316); greatest decreases in NY (-17.2k), MI (-5.5k), & GA (-5.1k)