- Prior week 228K revised 229K
- Initial jobless claims 229M vs 229K estimate
- 4-week moving average initial jobless claims 230.5 vs 227.25K last week
- Continuing claims 1.881M vs 1.890M estimate
- Prior week continuing claims 1.879M revised to 1.872M
- 4-week MA continuing claims 1.874M vs 1.873M last week
- Full report CLICK HERE
The initial jobless claims continue to show steady employment. Numbers came in close to expectations.
Remember the spike that we got a few weeks ago? It was focused and the state of New York with an increase of 15K. That spike was reversed last week. The details for each state was released today and lo and behold New York fell by -15K.
This article was written by Greg Michalowski at www.forexlive.com.