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Jobless Claims Crash To Multi-Decade Lows

Continuing Jobless Claims plunged to 1.962mm last week - the lowest since April 2000

 

(right before the Nasdaq started to collapse and the US fell into recession).

 

While ISM surveys show employment tumbling (and ADP was weak)...

 

initial jobless claims for the last week also collapsed back near its lowest levels since 1973.

 

"Full employment?"