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US initial jobless claims 242K vs 254K estimate

Prior monthInitial jobless claims 242K versus 254K estimate4-week MA of the initial jobless claims 244.25K versus 245.25K last monthContinuing claims 1.799M vs 1.818M estimate. Last week 1.807M revise from 1.813M last week. 4-week moving average of the continuing claims was 1.813M vs 1.828M last weekLooking at the continuing claims, the data is showing a sideways to down trend over the last few months. That is indicative of workers finding new jobs even if they are let go. The data this week co... Read More

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Content Topics

Initial

Jobless

Claims

242k

254k

Estimate

Forex

Posted: May 18 2023, 12:31

Author Name: forexlive

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