US initial jobless claims 190K versus 195K estimate

The weekly US initial jobless claims Jobless Claims Jobless claims are a weekly statistic reported in the United States that represents a key barometer for domestic employment. As one of the most closely watched US indicators, jobless claims carry a lot of weight in financial markets, namely forex and the stock market.Jobless claims are reported on a weekly basis by the Department of Labor. While painting a picture of the overall health of the economy, jobless claims can be broken down into two types.This includes initial jobless claims or person Jobless claims are a weekly statistic reported in the United States that represents a key barometer for domestic employment. As one of the most closely watched US indicators, jobless claims carry a lot of weight in financial markets, namely forex and the stock market.Jobless claims are reported on a weekly basis by the Department of Labor. While painting a picture of the overall health of the economy, jobless claims can be broken down into two types.This includes initial jobless claims or person Read this Term in continuing claims for the current week shows:

• initial jobless claims 190K versus 195K estimate. Prior week 192K. Seventh week below 200,000
• 4-week moving average of initial jobless claims 193K versus 191.25K previously
• continuing claims 1.655M versus 1.665 million estimate. Prior week revised to 1.660M versus 1.654M previously reported
• 4 week moving average Moving average A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and ot A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and ot Read this Term of continuing claims 1671.5M vs 1670.25M previously.

Like a broken record, the employment situation remains a potential inflationary issue as it continues to show strength. Today, not only did the initial claims move lower but the unit labor costs are much stronger than expectations and productivity was revised sharply lower. It is for 4Q but claims are for the NOW, and they continue to show strength.

The USD has moved higher on the news.