- Prior week initial claims 219K
- Initial jobless claims 223K vs 223K estimate
- 4 -week MA initial jobless claims 223K vs 223K last week (HMMMM)
- Continuing claims 1.850M vs 1.882M estimate
- Prior week revised from 1.903M to 1.893M
- The 4-week moving average was 1,867,750, a decrease of 250 from the previous
week’s revised average. The previous week’s average was revised down by 2,500 from 1,870,500 to 1,868,000.
I guess 223K is the number today with the number coming in as expected at that level and the 4- week MA also at 223K . Steady as she goes with the initial claims.
The continuing claims moved lower which is a stronger reading for that view.
This article was written by Greg Michalowski at www.forexlive.com.