Continuing claims come in at 1988K vs 2007K estimate
The US initial jobless claims come in at 257K vs 245K estimate. The prior month was revised slightly to 243K vs 244K previously. The continuing claims came in at 1988K vs 2007K estimate and 1978k last. The 4-week moving
average was 242,250, a decrease of 500 from the previous week’s revised average. The previous week’s average was revised down
by 250 from 243,000 to 242,750.