- Prior week 220K revised 221K
- Initial employment claims 201K vs 225K estimate
- 4-week MA of initial jobless claims 217K vs 224.75K last week
- Continuing claims 1.662M vs 1.695M estimate.
- Prior week continuing claims 1.688M revised to 1.683M
- 4-week moving average of continuing claims 1.687M versus 1.6957M last week
The employment data remains a sticking point for the Fed and this data does not take that away. The initial jobless claims number is the lowest since January 28.