US initial jobless claims 234k vs 254k exp

US initial jobless claims week ending 13 January 2016

  • Prior 247k

  • Continued claims 2.046m vs 2.073m exp. Prior 2.087m
  • 4 week avg 246.75k vs 256.5k prior

A decent drop in claims and the 4 week avg is heading lower again. No problems about the jobs market is being flagged here

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