Lower than expectations
you you you
The US initial jobless claims fell to 201K vs 204K last week. It was lower than the 210K estimate.
- Claims is the lowest since November 15, 1969
- The 4- week average fell to 205.75 from 208K last week. The lowest since December 6, 1969
- Continuing claims fell to 1.645M vs 1.705M est. The prior week was 1.700M vs 1.696M previous released. This is the lowest since August 4, 1973.
- The largest increases in initial claims for the week ending September 8 were in Iowa (+648), Wisconsin (+643), Kansas (+573), Michigan (+398), and Nebraska (+302),
- The largest decreases were in California (-4,065), New York (-3,765), Pennsylvania (-948), Indiana (-812), and Washington (-623).
There are no complaints coming from the jobs data.
