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Initial Jobless Claims Falls To 43-year Lows, Meanwhile U-6 Underemployment Is At 9.7%

This is a syndicated repost published with the permission of Confounded Interest. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

What is The Fed to do?

Initial jobless claims fell to a 43-year low today. That is the good news.

The bad news? U-6 underemployment is 9.7%.

underjobless

More bad news. The Fed’s Labor Markets Condition Index has gone negative.

FEDLMC

What is a Fed Chair to do? And Dr. Yellen, Brexit is a lot of smoke.

yerllr

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