Prior week 257K
The US Initial jobless claims come in at 238K vs 248K last week. The 4-week MA comes in at 243K vs 242.25 last week.
The continuing claims for the week of April 22 came in at 1,964K, a decrease of 23K vs April 15, 2000 when it was 1,962K. The previous week’s level was revised down by 1,000 from 1,988K to 1,987K. The 4-week moving average was 1,989K a decrease of 17.75K from the previous week’s revised average. This is the lowest level
for this average since November 26, 1988 when it was 1,978.25K. The previous week’s average was revised down by 250 from
2,007.25K0 to 2,007K.