• Prior 334k. Revised to 346.5k
  • Continued claims 2.997m vs 3.00m exp. Prior 3.114m. Revised to 3.116m
  • 4 week average 345.25 vs 346k prior revised to 346.5k

Virtually in line with expectations but the revision to last week’s number is a drag. Readings in July can be volatile because many plants close for re-tooling.

Initial jobless claims