M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Similar to yesterday's ADP report, US initial jobless claims came in better than expected: 779,000 compared to the consensus expectation of 830,000 and last week's 847,000. Continuing claims also beat on the upside, coming in at 4.592 million. All of which is to say the economy is proving more resilient than expected. #economy #jobs #employment #unemployment #recession #growth
…see more
Hashtags
#economy
#jobs
#employment
#unemployment
#recession
#growth