FYI: Initial jobless claims came in slightly higher than expected at 239,000 for the week ending November 4th, versus 232,000 expected and 229,000 last week. Continuing claims were slightly weaker, rising to 1.901mm versus 1.885 expected and 1.884 previously. While the uptick wasn’t positive, the trend is still very much “down and to the right”.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/claims-have-shaken-off-hurricane-impact/