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Looks like last week was an anomaly: jobless claims tumble 30k from last week

Posted on 9/18/25 at 8:39 am
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
73014 posts
Posted on 9/18/25 at 8:39 am
Folks pointed out last week that the big jump in jobless claims to 264k was driven by a massive Texas surge.

This morning, Texas saw a massive reduction in claims. It was enough to send the entire data below expectations

Last week vs this week: notice Texas



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This post was edited on 9/18/25 at 8:41 am
Posted by Longhorn Actual
Member since Dec 2023
2858 posts
Posted on 9/18/25 at 12:28 pm to
Oh well. Already cut rates and now the 10-year is climbing because the cuts are going to push inflation even further in the wrong direction.

And guess which one drives fixed mortgage rates.

Congrats. Y’all played yourselves.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92743 posts
Posted on 9/18/25 at 12:55 pm to
quote:

Already cut rates and now the 10-year is climbing because the cuts are going to push inflation even further in the wrong direction.



Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
87950 posts
Posted on 9/18/25 at 1:03 pm to
This post was edited on 9/18/25 at 1:09 pm
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
8856 posts
Posted on 9/18/25 at 1:06 pm to
New claims fell. Doesn’t mean the folks from last week got jobs. I actually know a few folks just laid off in the past month.
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