Initial unemployment insurance claims rose to 224,000 last week. Continuing claims dropped to 1,871,000. Weekly seasonal adjustment around the holidays can be imprecise, but claims still seem to tell the same story of gradual softening in the job market with no surge in layoffs.

These conspiracy theories make zero sense anyway but I also find it similarly "amusing" that they rest on the convoluted idea that other govt datasets like CPS or QCEW show the truth but the BLS is manipulating *just* CES bc... reasons?

Initial UI claims jumped to 242,000 last week, though this may be due to the timing of Thanksgiving this year. Continuing claims rose modestly to 1,886,000, still below the level in recent weeks, though still consistent with a gradually cooling job market over 2024.

The share of employees w/ a positive business outlook on their employers ticked down in November to 47.5% from 48.1%. The Glassdoor Employee Confidence Index has been little changed over recent months, despite the election boosting some other confidence measures.

Initial unemployment insurance claims dropped to 220,000, reversing the prior week's bump, likely due to seasonal adjustment quirks around the holidays. Continuing claims also ticked down to 1,874,000. Both affirm no major deterioration in the labor market.

Initial unemployment insurance claims fell to 211,000, lowest since April 2024. Similarly, continuing claims fell to 1,844,000, the lowest since September. Neither seem like the start of a new trend though; more likely seasonal adj around the holidays is volatile

Gonna be doing live commentary for JOLTS + the jobs report this week on Bluesky rather than over here bsky.app/profile/daniel…