US initial jobless claims 198K vs 196k estimate

• prior week 191K (unrevised)
• Initial jobless claims Jobless Claims Jobless claims are a weekly statistic reported in the United States that represents a key barometer for domestic employment. As one of the most closely watched US indicators, jobless claims carry a lot of weight in financial markets, namely forex and the stock market.Jobless claims are reported on a weekly basis by the Department of Labor. While painting a picture of the overall health of the economy, jobless claims can be broken down into two types.This includes initial jobless claims or person Jobless claims are a weekly statistic reported in the United States that represents a key barometer for domestic employment. As one of the most closely watched US indicators, jobless claims carry a lot of weight in financial markets, namely forex and the stock market.Jobless claims are reported on a weekly basis by the Department of Labor. While painting a picture of the overall health of the economy, jobless claims can be broken down into two types.This includes initial jobless claims or person Read this Term 198K vs 196K estimate
• 4 week MA 198.25K vs 196.25K last week
• Continuing claims 1.689M vs 1.697M estimate. Prior week revised to 1.685M from 1.694M previous
• 4 week MA of continuing claims 1.692M vs 1681.75M
• The largest increases in initial claims for the week ending March 18 were in Massachusetts (+1,293), Mississippi (+729), Georgia (+627), District of Columbia (+607), and Tennessee (+513),
• The largest decreases were in California (-2,813), Illinois (-1,085), New York (-1,056), New Jersey (-678), and Michigan (-644).

The expectation for May hike of 25 basis points remains near 50-50. The weekly jobs report still reflect solid employment.