FYI: Jobless claims came in higher than expected for the second straight week by staying unchanged from last week’s reading at 245K. Economists had been expecting a drop to 240K. Even if the print was higher than expected, claims notched their 147th straight week below 300K, which is impressive to say the least. If claims stay below 300K for another 15 weeks, this current streak will go down as the longest ever.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-stuck-at-245k/