According to Bloomberg:
Initial jobless claims rose 38,000 in the week ended Jan. 26, the most since Nov. 10, to 368,000, the Labor Department reported today … Economists forecast 350,000 filings …
The news may come as a surprise but explanations will, undoubtedly, be appearing shortly. To include, possibly, the reassuring message that this is the best looking increase in initial claims that you will ever see.
