US initial jobless claims 222K vs 222K expected

  • The weekly US initial and continuing claims data
  • Initial jobless claims 222K vs 222K expected
  • Prior 215K (revised to 216K)
  • Continuing claims 1.841M vs 1.875M expected
  • Prior 1.885M (revised to 1.878M)

Still solid data with no weakness in sight. Continuing claims are a good barometer for permanent job losers and they improved. All in all, nothing to see here, the labour market is fine for now.

US Jobless Claims
US Jobless Claims

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