- Prior week for initial jobless claims 229K revised to 230K
- Prior week for continuing claims 1.795M revised to 1.786M
For the current weeks:
- Initial jobless claims 226KK vs 225 est
- 4 week MA for initial jobless claims 223.25K vs 219.25K last week
- Continuing claims 1.810M vs 1.795M estimate
- 4-week MA for continuing claims 1.788M vs 1.778M last week.
Data is as expected but the recent move has been toward a weakening employment tilt
This article was written by Greg Michalowski at investinglive.com.