FYI: After falling to 210,000 last week, initial jobless claims were forecast to see an increase to 215K. Instead, claims rose less than expected only rising to 214K. Jobless claims also remain flat over the past year as this week's reading was only 1K lower than the same week last year. Regardless of the sideways range, jobless claims remain at very healthy levels having been at or below 300K for a record 241 weeks and at or below 250K for a record 106 weeks.
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/initial-jobless-claims-slightly-higher
