Continuing claims 1977K vs 1949K est.
The US initial jobless claims for the week of July 15th came in stronger than expected at 233K vs 245K estimate.
- The 4 week average was lower at 243.75 vs 246.00 (revised from 245.75)
- The prior week was revised to 248K from 247K previously reported.
- Continuing claims were higher than expectations at 1977K vs 1949K estimate. Last week was revised to 1949K from 1945K prior
- The largest increases in initial claims for the week ending July 8 were in New York (+13,871), Michigan (+8,645), Kentucky (+6,213), Ohio (+4,624), and Puerto Rico (+3,551),
- The largest decreases were in California (-8,217), Missouri (-2,773), Massachusetts (-2,000), New Jersey (-1,838), and Connecticut (-1,794)
