Stock Market Boost: Unemployment Outlook Shifts To Positive - News Summed Up

Stock Market Boost: Unemployment Outlook Shifts To Positive


Take the latest, weekly "initial unemployment claims" report and add it to all the others going back to mid-March, when the U.S. economy seized up. Therefore, once a person has filed an initial unemployment claim, they must file a weekly "continued unemployment claim." For the simplistic reason that it is comes out a week later, just as everyone turns to the latest initial claims data. As with initial claims, the important amounts are the NSA bars. That improvement is not being discussed, meaning the stock market could have a positive push coming.


Source: Forbes May 25, 2020 23:48 UTC



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