US initial jobless claims 217K vs 215K expected

Continuing claims 1745K vs 1733K expected

  • Initial claims were a little higher than expected at 217K vs 215K expected
  • The prior week came in at 208K vs 207K previously reported
  • Continuing claims came in at 1745K vs 1733K expected.
  • The 4 week MA for claims moved to 218K a decrease of 2.75K from the previous week of 220.75K
  • The largest increases in initial claims for the week ending July 14 were in California (+6,345), Georgia (+4,018), Alabama (+2,775), South Carolina (+1,237), and Minnesota (+626),
  • The largest decreases were in New York (-9,792), Michigan (-9,263), New Jersey (-4,752), Ohio (-3,420), and Kentucky (-2,302).

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