Jobless Claims: Not Outstanding, But Decent

Takeaway: After the hiccup last week, jobless claims are back to decent numbers.

Jobless Claims: Not Outstanding, But Decent - job interview in diary

 

Year-over-year, not seasonally adjusted jobless claims (solid 287K on an absolute and down -4.9%) are back to improving after a hiccup last week. The four-week rolling average slides as the strongest print of the year – April 4 (down -16.2% year-over-year) — rolls off.

 

So, not outstanding improvement, but back to decent.

 

Jobless Claims: Not Outstanding, But Decent - 3

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