Continuing claims 2243K vs 2155K est.
The US initial claims for the current week rose 13K to 282K. The estimate was 270K. The 4 week average moved up to 270.75K from 269.25K. There were no special factors affecting the claims.
Although higher this week, the labor market remains buoyant. The Fed meets in a week and barring a huge selloff in global equity markets, they are likely to "liftoff" as anticipated.
