[BostonCard]

Call me skeptical, but how do we have 1.9 million unemployment claims yesterday, while May is the largest job gain month on record?

The Thursday number represents first time unemployment claims, so even as 1.9 million newly filed for claims, more may have gone back to work.

Note also that the surveys are run early in the month.

BC

[BostonCard]

Call me skeptical, but how do we have 1.9 million unemployment claims yesterday, while May is the largest job gain month on record?

The Thursday number represents first time unemployment claims, so even as 1.9 million newly filed for claims, more may have gone back to work.

Note also that the surveys are run early in the month.

BC