US weekly initial jobless claims 183K versus 200K estimate

• 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 183K versus 200K estimate
• prior week 186K. Prior week remains unrevised
• 4-week moving average of initial jobless claims 191.75K vs 197.50K.
• Continuing Claims 1.655M versus 1.677M estimate
• prior week 1.675M revise to 1.666M
• 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 1.6515M vs 1.662M last week
• The largest increases in initial claims for the week ending January 21 were in Arkansas (+419) and the Virgin Islands (+5),
• The largest decreases were in California (-15,582), New York (-4,957), Ohio (-4,396), Georgia (-3,921), and Pennsylvania (-2,700).

The claims data continues to be supportive of a steady/strong jobs market. The US nonfarm payroll will be released tomorrow at 8:30 AM ET. The expectations are centered around 190,000. Yesterday ADP came in at 106K