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Initial Jobless Claims Below-Expected At In.>

US DATA
US DATA: Initial Jobless Claims Below-Expected At 209k In August 17 Week
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- Initial claims -12k to 209k in August 17 wk vs 216k MNI and BBG
- Unadj initial claims -4k to 169,613 below the year ago level 
- Seasonal factors had expected NSA claims to fall by 4.1%
- Claims largest NSA loss in California (-5946) and Florida (-1095)
- Claims largest NSA gain in Alaska (+89)
- Claims 4-wk avg +500k to 214,500
- Continuing claims -54k to 1.674M in August 10 week 

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