High-Freq Data and DOGE Monitor - 2025-12-03
Date:
Thursday, December 4, 2025
Summary:
New jobless claims beat expectations by a mile, and suggest a very strong labor market. Our granular work with the claims data to produce the DOGE tables reveals underlying issues with reliability, so we would put a health-warning on this one. But on the surface, the last jobs data the Fed will get before next week's FOMC does look very robust.