“Mo Hire, No Fire” Economy Emerges As ADP Surges With Jobless Claims Flat

Following the surge in ADP’s weekly job additions index earlier in the week…

Today we see that the number of Americans filing for jobless benefits last week was just 214k – hovering back near record lows…

Continuing jobless claims inched back above 1.8 million Americans last week but remains near two year lows…

So are we morphing from “no hire, no fire” to a “mo more, no fire” economy?