CPI And Weekly Claims - Stagflation Now
2025-09-11 11:31:00 ET
By David W. Berson, Ph.D.
Inflation and unemployment claims both higher with today’s data, a bad combination. The overall CPI rose by 0.4 percent for August, a bit hotter than expected, bringing the 12-month trend rate up to 2.9 percent, while the core CPI was up by 0.3 percent (as expected), pushing the trend rate up to 3.1 percent. Meanwhile, the weekly unemployment claims jumped to 263,000 for the week ending September 6 — the highest level since October 23, 2021. While not a high figure historically, this surge in claims is worrisome — could it indicate that the job market is starting to weaken at a serious pace? ...
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CPI And Weekly Claims - Stagflation Now
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