Unemployment Claims Rise for the First Time Since May

by Mike ‘Mish’ Shedlock
The Street

Both initial and continued unemployment claims rose this week. Continued claims rose for the first time since May.

Job Warning Lights Flashing

Signs that the economic recovery is over already continue to mount.

Continued claims rose from 16,151,000 to 17,018,000 for the week ending July 18.

Initial claims rose for the second week.

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