Initial Jobless Claims Remain low.

Initial Jobless Claims (week ended 11/5/2016)

– New Claims seasonally adjusted Level 254,000. Previous was 265,000
– New Claims unadjusted, totaled 257,973 an increase of 13,031 from previous
– 4-week Moving Average 259,750. Previous was 258,000

The story remains that while the overall jobs market when adjusted for expanding population is flat, employers are not letting employees go.