US initial jobless claims 207K versus 215K estimate

• Prior week initial jobless claims 212K
• initial jobless claims 207K vs 215K estimate
• 4-week moving average initial jobless claims 213.25K vs. 214.50K last week
• Prior week continuing claims 1.812M revised to 1.796M
• Continuing claims 1.781M vs. 1.805M estimate
• 4- week MA of continuing claims1.794M vs 1.802.25 last week

Continuing claims fell and was revised lower. Initial jobless claims was lower as well indicative of a solid job market

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