US DATA: Initial jobless claims -9k to 423k in 17….

Author: Market News International | Category: News

US DATA: Initial jobless claims -9k to 423k in September 17 employment
survey week, above the 420k level expected and +11k from the level in
the August 13 employment survey week. Labor analyst said there were no
special factors, no hurricane impact reported, and only DC estimated.
Unadjusted claims +21,308 to 350,176 vs seas factors expect of +28,500
in a post-holiday rebound. The 4-wk moving avg +500 to 421,000 in
September 17 wk, high since July 16 week. Continuing claims -28k to
3.727m in the September 10 wk, low since July 30 week.

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