Prior week 221KInitial jobs claims 217K versus 226K estimate4-week moving average of initial claims 224.5K versus 229.50kContinuing claims 1.955m versus 1.960m estimate. Prior week 1.951m revised from 1.956m previously reported4-week moving average 1.954M vs 1.956.25M
From the data, the initial jobs claims are not showing job weakness
This article was written by Greg Michalowski at investinglive.com.