- Prior week 220K revised to 221K
- Initial jobless claims 202K vs 220K estimate. Lowest since October 13 week.
- 4-week moving average of initial jobless claims 213.25K vs 221.00K last week.
- Continuing claims 1.876M vs 1.887M estimate. Last week 1.861M revised to 1.856M
- 4-week moving average of continuing claims 1.8745M vs 1.871M
- The largest increases in initial claims for the week ending December 2 were in California (+13,478), New York (+9,073), Texas (+8,321), Georgia (+6,728), and Oregon (+5,406),
- The largest decreases were in Kansas (-893), Vermont (-14), and Delaware (-14).
Ups and downs continue in the jobless claims. With the Christmas shopping season better this year, perhaps this is a catch up by retailers (and such) to match the demand. If you work, that is good.
