Initial jobless claims moving back down
- Prior week initial jobless claims 237K
- Initial jobless claims 228K versus 242K estimate
- 4-week moving average dipped to 237.5K vs 246.75K last week
- Continuing claims 1.754M versus 1.729M estimate
- prior week continuing claims 1.729M revised to 1.721M estimate
- 4-week moving average continuing claims dipped to 1.7315M versus 1.7333M last week.
For the full report CLICK HERE.
The data in the initial claims corresponds with the BLS survey week. That is better than last month. The continuing claims did tick to the upside after trending more to the downside of late:
Continued claim ticks higher