US initial jobless claims 264k vs 290k exp

  • Prior 287k
  • Continued claims 2.389m vs 2.380m exp. Prior 2.381m. revised to 2.382m
  • 4 week average 283.5k vs 287.75k

Jobless claims are now at the lowest since April 2000. Until sectors like manufacturing really start to crumble and feed into the jobs market the Fed is fulfilling its dual mandate on price stability and employment.

US initial jobless claims 16 10 2014

US initial jobless claims 16 10 2014

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