As Good As It Gets? Initial Jobless Claims At Lowest In 43 Years For Christmas Week

It’s Chrismas time. Only the scroogiest of scrooges would be laying people off this time of year and in fact this week’s 267k print in initial jobless claims is back near cycle lows. The last time there were initial jobless claim in a holiday week was 1972, which raises the question – so what happens next?

Will it be different this time?

Well, no – Yellen is already raising rates.