Perhaps The Business Cycle Is Dead – Initial Claims Approach Record

This week’s Initial Claims figure came in at 267K, an increase of 12K from the 255K of the prior week. The sub-300K Initial Claims figure isn’t surprising lately. In fact, Initial Claims have been below 300K for 21 consecutive weeks. Business Cycle – Looking at Times When Initial Claims Stayed Below 300K The incredible amount of time Initial Claims have been below 300K brings the question – How does this performance compare to past experiences of Initial Claims strength? Here’s a look. The table captures instances when Initial Claims stayed below 300K. The rows represent the week when the sub-300K…