FYI: Initial Jobless Claims came in 4K above expectations at 229K on a seasonally adjusted basis; up from last week’s 223K. This is near the upper end of the range jobless claims have been in for the past few months. It has also now been two months since claims last hit a new low of 200K. On the other hand, this week marks the 210th week that claims have come in below 300K. So while perhaps the strength of the labor market could be taking a breather, by all means, it still appears healthy.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/initial-jobless-claims-up-again/
