US initial jobless claims 199K vs 260K estimate

Author: Adam Button | Category: News

Weekly US initial jobless claims

Weekly US initial jobless claims
  • Initial jobless claims K vs 260K estimate.
  • Prior week 268K (revised to 270K)
  • 4 week moving average 252.25K versus 272.75K. This is the lowest since March 14, 2020 when it was at 225.5K
  • Continuing claims 2.049M vs 2.033M estimate
This is the lowest reading since 1969. That's a remarkable number and will certainly nudge the Fed towards tapering more quickly.

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