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Jobless Claims & JOLTs Confirm 'Higher Hire, No Fire' Economy
Jobless Claims & JOLTs Confirm 'Higher Hire, No Fire' Economy
With JOLTs data showing record hiring (and ADP signaling acceleration in job additions), today we get some signal on firings as the number of Americans filing for unemployment benefits for the first time was at 200k last week (below the 205k exp) and continuing to languish near multi-decade lows (near 1967 lows!!)...
Source: Bloomberg
Non-seasonally adjusted across all the states saw a 299k drop in claims led by Rhode Island and Arizona (California and Michigan saw the biggest increases)...
Continuing jobless claims also...
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Aug 12, 2026 / Tyler Durden
Venezuela & Israel Restore Consular Ties After 17 Years Of No Diplomatic Relations
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Venezuela and Israel have agreed to restore consular relations, in a major historic shift, following the US orchestrated overthrow of longtime leader Nicolas Maduro back in January.
Interim President Delcy Rodriguez, who was Maduro's VP, is at the head of a state system that is still fundamentally the same - which can be summed up as Chavismo Socialism - except the government now serves to do Washington's bidding from opening up oil access to foreign policy realignment.
via Reuters
This...
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US Aircraft Carrier Strike Group Arrives in the Caribbean Amid Threats of War Against Cuba
US Southern Command said on Wednesday that the US aircraft carrier USS Nimitz and its accompanying warships have arrived in the Caribbean amid US threats of a potential attack on Cuba. “Welcome to the Caribbean, Nimitz Carrier Strike Group!” SOUTHCOM said on X, adding that the Nimitz is joined by the destroyer USS Gridley and […]
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