FYI: This week’s jobless claims report was pretty uneventful, with the reported number coming in at 268K (1K above consensus estimates), representing an increase of 10K from last week. While the actual move in claims was minimal, it did represent the 69th straight week that claims were below 300K. That’s the longest streak since 1973, and if we go another five weeks below 300K it will be the longest streak since 1970.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-slightly-higher-69-weeks-below-300k/