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"Mo Hire, No Fire" Economy Emerges As ADP Surges With Jobless Claims Flat
"Mo Hire, No Fire" Economy Emerges As ADP Surges With Jobless Claims Flat
Following the surge in ADP's weekly job additions index earlier in the week...
Today we see that the number of Americans filing for jobless benefits last week was just 214k - hovering back near record lows...
Continuing jobless claims inched back above 1.8 million Americans last week but remains near two year lows...
So are we morphing from "no hire, no fire" to a "mo more, no fire" economy?
Tyler Durden
Thu, 04/23/2026 - 08:34
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Iranian Missiles Pound Israel Overnight After US Claims Progress On Talks; Tehran Appoints Larijani Successor, Cuts Gas Flows To Turkey
Summary
Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israeli officials say chances of a deal remain very low.
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