- Prior 218K (revised to 219K)
- Continuing claims 1974K vs 1950K expected
- Prior 1946K (revised to 1936K)
These aren’t bad figures (except the new cycle high in continuing claims) but won’t be enough to alleviate the concerns around the labour market weakness. They will actually keep the rate cuts expectations alive.
This article was written by Giuseppe Dellamotta at investinglive.com.