Initial jobless claims
  • 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

Continuing claims
Source: Forex Live