Initial jobless claims
- Initial jobless claims 194K versus 200 K estimate. Prior month revised to 195K vs 196K last week
- 4 week moving average of initial dollars claims 189.5K versus 189.00K last month
- Continuing claims 1.696M versus 1.695M estimate. Prior week was revised to 1.680M from 1.688M previously reported
- 4 week MA of continuing claims 1.673M vs 1.663M last week
- The largest increases in initial claims for the week ending February 4 were in California (+6,820), Ohio (+3,528), Illinois (+1,533), Kansas (+611), and Florida (+568),
- The largest decreases were in Georgia (-1,463), New Jersey (-1,291), Texas (-859), Oregon (-692), and Arkansas (-632).
Employment data remains solid. These numbers don't change that perception.