FYI: Last week, the Department of Labor's weekly Initial Jobless Claims came in at 209k, which was the lowest level since April's multi-decade low print of 193K. This week, that 209K was revised even lower to 208K while this week's data met expectations by rising to 216K. This leaves claims still at the lower end of the past year's range. Seasonally adjusted claims have been at or below 300K for 228 weeks and at or below 250K for 93 weeks.
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/claims-back-up-but-still-low