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Free AccessContinuing Claims Higher Than Expected But Still Rangebound
- Continuing claims meanwhile increased by more than expected at a seasonally adjusted 1794k (cons 1780k) after a downward revised 1781k (initially 1785k), with the moves exacerbating the latest weekly change.
- Continuing claims continue to broadly move sideways in trend terms, having averaged 1791k since the start of the year and below the recent high of 1829k from early 2024.
- There’s not much to point out in the NSA data, which continue to track slightly higher levels to 2023 and more notably higher than 2022 values.
- As with initial claims, the bump higher in New York jobless claims was reversed.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.