Prior week Initial claim 206K revised to 207KInitial jobless claims 203K vs 206K estimate4 week moving average of initial claims 205.5K-vs 204K last weekPrior week continuiing claims 1.799MContinuing claims for the current week 1.778M vs 1.790M last week4-week MA of continuting claims 1.789M vs 1.788M last week.
No hire. No fire is the mantra for the claims data. It remains remarkably steady (we forgot what volatility means in this measure of employment).
This article was written by Greg Michalowski at investinglive.com.