Prior 220K (revised to 222K)Continuing claims 1960K vs 1969K expectedPrior 1974K (revised to 1953K)
Jobless claims continue to point to a “low firing, low hiring” labour market. The data is not going to change anything for the Fed at this point though with the probabilities for a December cut now standing around 79%.
This article was written by Giuseppe Dellamotta at investinglive.com.