- Prior week 245K
- Initial jobless claims 236K vs 245K estimate
- 4- week MA 245K vs 245.75K last week
- Continuing claims 1.974M vs 1.950M last week
- 4- week MA 1.941M vs 1.924M last week
The dip back from the 250K level is a relief from those thinking the employment situation was getting worse.
The continuing claims is higher but going back in time, it is still relatively low
This article was written by Greg Michalowski at www.forexlive.com.