US initial jobs claims 236K versus 245K estimate

- 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
