Jobless claims in the US for the week of October 22nd
The US initial jobless claims came in at 258K vs. 255K estimate. The 4- week MA moved higher to 253K vs 251.75K. The prior month was revised slightly higher to 261K from 260K last week.
US Continuing Claims for October 15 week comes in at 2039K vs 2052K estimate.
The level of jobless claims are higher vs the low see earlier in the month as is the 4-week average. However, they remain near low levels which is good for the US employment picture.
