- Prior week Initial claim 206K revised to 207K
- Initial jobless claims 203K vs 206K estimate
- 4 week moving average of initial claims 205.5K-vs 204K last week
- Prior week continuiing claims 1.799M
- Continuing claims for the current week 1.778M vs 1.790M last week
- 4-week MA of continuting claims 1.789M vs 1.788M last week.
No hire. No fire is the mantra for the claims data. It remains remarkably steady (we forgot what volatility means in this measure of employment).
This article was written by Greg Michalowski at investinglive.com.