FYI: Jobless claims for the latest week came in slightly higher than expected Thursday morning, rising from 238K up to 244K, which was 4K above the consensus estimate of 340K. There not much new here in the headline number; jobless claims remain exceptionally low by historical standards and have now been below 300K for 103 weeks. That’s the longest streak since 1970- a time when the US population was a lot larger than it is now.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/103-weeks-below-300k/