US initial jobless claims 223K vs 224K estimate

• Prior week 220K revised to 221K
• Initial jobless claims 223K vs 224K estimate
• 4-week Moving average for initial jobless claims 227K vs 226.25K last week
• Prior week continuing claims 1.870M resised to 1.859M
• Continuing claims 1.892M vs 1.887M estimate
• 4-week MA of continuing claims 1.876M vs 1.8670M last week.

A look at the continuing claims chart below are moving toward 1.900M, but remains within the range seen going back to 3Q of 2204

The

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