FYI: Jobless claims were released earlier this morning and showed a larger than expected decline, falling from 234K down to 229K. Less than two months after three hurricanes ravaged different parts of the United States, jobless claims had their third lowest weekly print of the current expansion. The even more amazing aspect of the recent trends in jobless claims is that the lowest print of the cycle came two weeks ago! As things stand now, jobless claims have now been below 300K for 139 straight weeks.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-down-again/
