FYI: After declining to their lowest levels of the recovery in early March, initial jobless claims have now risen in each of the last three weeks. In this week’s report, first-time claims rose to 276K versus expectations for 265K. While this is the highest weekly reading since the end of January, make no mistake, jobless claims are still low by historical standards and have now been below 300K for 56 straight weeks.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-rise-for-fourth-week-in-a-row/
