According to @KobeissiLetter, Washington DC has experienced a dramatic increase in unemployment filings, surging by 36% in one week to three times the 2024 average. Over the past six weeks, filings have risen by 55%, surpassing 2008 levels. This significant rise in unemployment filings could indicate potential economic instability, affecting consumer spending and business investments in the region.

According to @KobeissiLetter, unemployment filings in Washington DC have surged by 36% in one week, reaching three times the 2024 average. Over the last six weeks, filings increased by 55%, exceeding levels seen during the 2008 financial crisis. This sharp rise in unemployment could have significant implications for the regional economy, potentially influencing local market dynamics and investor sentiment.