US initial jobless claims 229K vs 230K expected

  • The US weekly initial and continuing claims data
US JOBS
  • Prior 235K (revised to 234K)
  • Continuing claims 1954K vs 1970K expected
  • Prior 1972K (revised to 1961K)

These are good figures, especially considering the lower revision for continuing claims. Jobless claims continue to point to a resilient labour market. Now the focus will switch to the ISM PMIs employment components, the ADP and the NFP report.

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