You might want to have a look at Warren Mosler's site.
on Jobless claims:
"These remain impossibly low historically, particularly on a population adjusted basis. To me this further confirms my suspicions that the reason for the lower claims is that they’ve been made a lot harder to get than in prior cycles. Consequently, markets are getting a ‘false signal’ as to underlying employment conditions, and, more importantly, the ‘automatic fiscal stabilizer’ effect has been largely neutralized, which means a return to growth will require that much larger of a pro active fiscal adjustment"http://moslereconomics.com/2017/10/05/trade-jobless-claims-kelton-nyt-op-ed/
"So the Fed sees all this, and indicates that they are leaning to another rate hike in December, as they continue to forecast increases in inflation that, after many years of similar forecasts, have yet to materialize. And they list every reason for the low inflation indicators, except for a lack of aggregate demand (low spending), when all of the above charts support a low demand story, as does all of the other weak data released last week- personal income, housing starts and sales, etc."http://moslereconomics.com/2017/10/02/credit-check-expectations-vs-spending-inflation-comments-fed-policy/