US initial jobless claims 242K versus 240K estimate

• Prior report 230K revise to 229K

• Initial claims for the week ending April 29 were 242,000, with an increase of 13,000 from the previous week's revised level of 229,000.
• The 4-week moving average of initial claims increased by 3,500 to reach 239,250.
• The insured unemployment rate for the week ending April 22 was 1.2 percent, a decrease of 0.1 percentage point from the previous week's rate.
• The number of continuing claims during the week ending April 22 was 1,805,000, showing a decrease of 38,000 from the revised level of the previous week.
• The 4-week moving average for continuing claims decreased by 4,500 to reach 1,828,250.

\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