Weekly initial jobless claims for the US
- initial jobless claims came in lower than expectations at 208K versus 213K. It was slightly higher than the revised 206K last week (was 204K). The four-week moving average was 212.2 5K vs 213K last week (revised from 212.5K)
- continuing claims 1661K vs 1672K estimates. The prior week was revised to 1674K from 1670K previously reported
- the four-week average came in at 1.677.5 a decrease of 3.75K from previous week 1681.25K
Employment trends remains strong in the US
