FYI: For the second week in a row this week, jobless claims came in higher than expected. While economists were expecting a level of 284K, the actual reading came in at 291K, down 2K from last week. With this week's weaker than expected report, jobless claims have now been higher than expected in four of the last five weeks. That being said, claims are still below 300K, a level they haven't eclipsed to the upside in 10 weeks now. The last time we saw a streak of sub 300K reading that last 10 or more weeks was in 2000.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/11/20/jobless-claims-slightly-higher-than-expected.html?printerFriendly=true
