FYI: Amid the recent surge of red in economic data, jobless claims are once again sticking out like a green thumb. In the latest week, first time claims came in at 282K, which was 8K below the consensus forecast and the lowest reading in over a month. With economic reports coming in consistently worse than expected of late, it is surprising to see claims hold up so well.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-better-than-expected/
