FYI: Jobless claims for the latest week rose more than expected, hitting a level of 266K versus economists’ expectations of 262K. While this morning’s report was the highest weekly reading for the month of July, it is still low by historical standards and represents the 73 straight week that first-time claims were below 300K. That’s the longest streak of weekly readings with a ‘2’ handle since 1973.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-rise-more-than-expected/
