The Job Market Remains Resilient With Seasonally Adjusted Claims Below 200K

The latest snapshot of unemployment aid suggests the job market remains resilient, says Mark Hamrick. He discusses notes from jobless claims for the week of February 18th. He talks about how this is the sixth straight week with new, seasonally adjusted claims below 200K. He notes that new and continuing claims were both on the decline. He then goes over what we learned from the second reading of the 4Q GDP. He then previews his expectations for more rate hikes in 2023. Tune in to find out more about the stock market today.

Trading 360

23 Feb 2023

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