FYI: Jobless claims saw a slight decline this week, falling from a seasonally adjusted level of 238K down to 236K, but given that consensus forecasts were looking for a slight increase to 240K, it was better than expected. This week’s reading also represents the 144th straight week where jobless claims have been below 300K, which is the longest streak since April 1970 when claims were below 300K for 161 straight weeks. In order to break that record, claims will need to come in below 300k right up through the end of Q1 2018.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-fall-more-than-expected/
