US initial jobless claims 219K vs. 218K estimate

• Prior week initial jobless claims 215K revised to 216K
• Initial jobless claims 219K vs 218K estimate
• 4-week moving average of initial jobless claims 222.5K vs.220.00K last week
• Prior week continuing claims 1.794M revised lower to 1.787M
• Continuing claims 1.791M vs 1.797M estimate. Haven’t been above 1.800M since the last week in March.
• 4-week moving average of continuing claims 1.786M vs. 1.781M last week

The continuing jobless claims data corresponds with the survey week for the next employment report from the BLS.

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