Date: September 18th, 2025 10:25 AM
Author: Charlie Kirk's ghost
https://www.marketwatch.com/story/false-alarm-surge-in-jobless-claims-unwinds-after-recent-spike-layoffs-still-low-05c8270d
The surge in jobless claims in early September to a four-year high turns out to have been a false alarm, at least for now.
The number of people who applied for unemployment benefits in the seven days ending Sept. 13 subsided to 231,000 from a revised 264,000 in the prior week, the government said Thursday.
The jump in new claims two weeks ago was driven by a doubling in unemployment applications in Texas that an official at the state employment agency attributed to a sharp increase in fraudulent filings.
(http://www.autoadmit.com/thread.php?thread_id=5777181&forum_id=2E#49281147)