FYI: When it comes to the weekly update on Jobless Claims, recently it seems like each week there’s another record low broken. That didn’t happen this week, though, as the headline print came in at 234K, which was up 11K from last week’s print of 223K and above consensus expectations for a level of 220K. Even with the higher than expected reading, though, claims came in below 300K for the 168th straight week, and they were below 250K for the 33rd straight week. That’s the longest streak of sub-250K readings since 1970.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-edge-higher/
