FYI: After an absolutely gangbusters initial jobless claims report last week, first-time claims saw a larger than expected increase this week. While economists were expecting first time claims to some in at a level of 238K, the actual reading came in at 243K. While 243K is still very low by historical standards, the 20K increase in claims this week was the largest weekly increase since December. even still, though, first time claims have been below 300K for 105 straight weeks now and under 250K for six straight weeks.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-rise-from-extraordinarily-low-levels/
