Jobless Claims Come in Slightly Higher

Ahead of today’s opening bell, Thursday morning Weekly Jobless Claims are out, and they continue to portray a labor market cruising along at a healthy low rate of unemployment claims. Initial Jobless Claims came in at an even +200K, 8K below expectations and a tick up from the slightly upwardly revised +199K the previous week. Our trailing four-week average on new jobless claims is now +202K, -15K lower per week than the previous four weeks.Continuing Claims, reported a week in arrears from new claims, reac ...