FYI: Just a month ago, initial jobless claims fell to one of their lowest levels since April's multi-decade lows. Since then claims have risen for three straight weeks, to 219K today. That is the longest such streak of consecutive increases since the back half of May and early June. Forecasts were expecting a print of 215K, which would have been unchanged from last week's revised number. Jobless claims are now back to where they stood at the last week of August and are just 1K higher from where they stood a year ago.
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/jobless-claims-flat
