Prior was 241K (revised to 242K)Continuing claims 1897K vs 1875K expectedPrior continuing claims 1867K (revised to 1869K)
This is better than economists were expecting, though continuing claims are now at the highest since November 2021.
Michigan saw the largest drop (-7,917) due to fewer manufacturing layoffsGeorgia posted the biggest increase (+3,293), citing layoffs across manufacturing, healthcare, and food servicesFlorida (-3,257) reported fewer layoffs across multiple sectors including agriculture, construction, and retail, very likely due to the rebound from the hurricaneNew York saw a notable increase (+2,340) driven by transportation, warehousing, and public admin layoffs
This article was written by Adam Button at www.forexlive.com.
