US initial jobless claims 229K versus 245K estimate

• Prior week 242K revised to 225K
• For the week ending May 20, initial claims were 229,000, an increase of 4,000 from the previous week's revised level of 225,000.
• The previous week's level was revised down by 17,000 from 242,000 to 225,000.
• The 4-week moving average of initial claims remained unchanged at 231,750 from the previous week's revised average.
• The previous week's average of initial claims was revised down by 12,500 from 244,250 to 231,750.
• The insured unemployment rate for the week ending May 13 was 1.2 percent, unchanged from the previous week.
• The number of continuing claims during the same week was 1,794,000, a decrease of 5,000 from the previous week's level of 1,799,000.
• The 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 decreased by 12,250 from the previous week's average, resulting in a new average of 1,800,250.

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NOTE: Massachusetts revised 3 months of jobless claims lower by an average of 14K per week due to reporting issues. That seems to be influencing the data.

/Inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term