US initial jobless claims data
- Prior 277k. Revised to 276k
- Continuing claims 2.204m vs 2.205m exp. Prior 2.191m. Revised to 2.195m
- 4 week avg 267.50k vs 270.75k prior. Revised to 270.50k
The weekly claims numbers reduces the volatility from jumping from NFP jobs report to jobs report. The average is still on the lows and could dip lower. At worst it should just go sideways from here
US initial jobless 4 week average