US initial jobless claims 244K vs 235K estimate

For the current week:

• Initial jobless claims 244K vs 235K estimate. Last week was unrevised at 235K
• 4 week moving average of initial jobless claims 235.75 vs 232.50K last week
• continuing claims 1.331M vs 1.383M estimate. Last week 1.372M
• 4 week moving average of continuing claims 1.372M vs 1.334M last week.
• The largest increases in initial claims for the week ending July 2 were in New York (+5,165), Michigan (+5,104), Georgia (+2,935), California (+2,823), and Mississippi (+1,364),
• The largest decreases were in Illinois (-1,508), Kentucky (-1,232), Missouri (-1,061), Ohio (-998), and Pennsylvania (-971).

The initial claims have been ticking up of late.

/Inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term