Initial Jobless Claims Remain Near 57-Year Lows

The number of Americans filing for unemployment benefits for the first time held below 200k again last week…

…basically hovering at its lowest since 1969…

Pennsylvania and New Jersey saw claims rise the most last week while North Carolina and Ohio saw the biggest decline…

Continuing jobless claims ticked up, just above 1.8 million Americans…

After ADP’s disappointing job additions, it appears the ‘low hire, no fire’ economy is entrenched.

Will tomorrow’s payrolls print confirm that?