FYI: After a week where jobless claims ‘surged’ to 215K, this week they resumed their downward trend falling to 207K versus expectations for a reading of 215K. This now makes it a record 187 straight weeks that claims have been at or below 300K, 52 straight weeks that they have been at or below 250K (longest streak since 1970), and 13 straight weeks where they have been at or below 225K (longest streak since 1969).
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/jobless-claims-move-back-down/
