Weekly jobless claims have been so steady, they aren’t on many investors’ radar as a major report.
But if this number suddenly started rising, that’s when it’s time to worry about the economy hitting the skids.
So far, there is no sign of that. The report showed 211,000 workers filed for unemployment claims last week, down slightly from 218,000 the week earlier. That’s also below a Dow Jones estimate of 215,000.