- Prior week initial jobless claims 224K revised to 225K
- Initial jobless claims 242K vs 220K estimate. Highest since the 1st week of October
- 4-week MA for initial jobless claims 224.25K vs 218.5K last week
- Prior week continuing claims 1.871M
- Continuing claims 1.886M vs 1.875M estimate
- 4-week MA 1.888M. This is the highest level November 27, 2021.
Needless to say a big jump. The last two weeks has seen a jump in initial jobless claims by 27K (from 215 in the week of November 23)
This article was written by Greg Michalowski at www.forexlive.com.
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