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FYI: Jobless claims for the last week rose more than expected, rising from 270K up to 282K compared to expectations for a jump to 275K. This week’s increase in claims represents the fifth time in the last six weeks that claims have increased. At face value, jobless claims have been moving in the wrong direction over the last six weeks, but over that time period total claims are only up by 27K, so it hasn’t been a sharp increase by any means. Overall, claims are still at the exact same level they were at two months ago and still low by historical standards. Regards, Ted https://www.bespokepremium.com/think-big-blog/jobless-claims-rise-again/
