Latest unemployment figures just dropped—and they're painting an interesting picture. Initial claims hit 191k, way below the 220k forecast and down from last week's revised 218k (bumped up from 216k). Continuing claims came in at 1.939M, slightly better than the 1.943M prior reading.

Regional breakdown shows wild swings: Pennsylvania led the surge with +2.1k new claims, followed by Wisconsin (+1.1k) and Oregon (+856). On the flip side? California saw a massive -19.6k drop, Texas shed -8.3k, and New York decreased by -3.2k. These state-level shifts could signal some underlying economic trends worth monitoring.