Jobless Claims Decreased More Than Expected

This being Thursday morning, we see new Weekly Jobless Claims data ahead of the opening bell for trading. Initial Jobless Claims came in 2000 lower than projections to 218K, down 9K claims from the upwardly revised 227K posted the previous week. This is yet another sub-220K week, which we were routinely above from about March through early September of last year, but this remains consistent with an overall healthy labor market.Continuing Claims had more recently been drawing closer scrutiny, as last week’s ...