FYI: After two weeks of higher than expected readings, initial jobless claims rose less than expected this week, falling back into the 230K range. While economists were forecasting a level of 245K, the actual reading came in at 237K. With the latest decline, claims are now falling back towards the lower end of their recent range.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-lower-than-expected-4/