Nothing To Do, Nowhere To Go 0
Sill under 300k (emphasis added).
Jobless claims increased by 17,000 to 268,000 in the week that ended Nov. 26 and included Thanksgiving, Labor Department figures showed Thursday in Washington.
(snip)
Jobless claims have been below 300,000 for 91 straight weeks — the longest streak since 1970 and a level typical for a healthy labor market. At the same time, other factors that have pushed claims down in recent years, including cuts in the duration of benefits and changes to claim-filing technology.
Estimates in the Bloomberg survey ranged from 245,000 to 265,000. The prior week’s reading was unrevised at 251,000.
The number of people continuing to receive jobless benefits increased by 38,000 to 2.08 million in the week ended Nov. 19.
Wait six months. I predict the rate will Trumple.
