Continuing claims 1640K vs 1665K expected.

The US initial jobless claims came in at 210K vs 212K expected.

  • Prior week was revised to 215K vs 214K expected
  • Continuing claims 1640K va 1665K expected. Prior week revised to 1653K vs 1660K
  • The 4-week average rises to 211.75 vs 209.75
  • The largest increases in initial claims for the week ending October 6 were in Kentucky (+6,260), California (+4,612), North Carolina (+3,992), Michigan (+2,329), and New York (+1,726),
  • The largest decreases were in South Carolina (-1,714), New Hampshire (-65), West Virginia (-37), Mississippi (-36), and Maryland (-19).

The JOLTS was strong yesterday. This data is consistent with strong employment as well.