FYI: After three straight weekly increases in jobless claims, this week saw a larger than expected decline. While economists were forecasting claims to come in at a level of 270K relative to last week’s reading of 276K, the actual level came in at 267K. Certainly not a major move by any stretch, but we would note that this is now the 57th straight week of sub-300K readings in jobless claims.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-resume-their-decline/
