Daily Archives: September 19, 2025

Macro Briefing: 19 September 2025

US jobless claims fell sharply, reversing the recent runup that lifted new filings for unemployment benefits to a four-year high during the previous week. “The decline is more noteworthy since claims in Texas, which drove a spike in the prior week, declined but remained elevated,” said Nancy Vanden Houten, lead US economist at Oxford Economics. “Sorting through the noise, initial claims are still consistent with a relatively low pace of layoffs.”

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