US initial jobless claims 220K vs 225K estimate

• Prior week initial jobless claim 221K revised to 222K
• initial jobless claims 220K vs 225K estimate
• 4- week MA 226.0K vs 224.5K last week
• continuing claims 1.870M vs 1.900M estimate
• 4- week MA 1.872M vs 1.866M last week.

The claims continue to show solid/steady employment.

The layoffs in Washington are not showing up in the numbers – or so it seems.

This article was written by Greg Michalowski at www.forexlive.com.