Free Trial

Jobless Claims Better Than Expected, Below 2019 Averages

US DATA
  • Initial jobless claims increased by less than expected to 204k (cons 215k) after a minimally upward revised 202k (initial 201k) vs 2019 av 218k.
  • It sees another strong push lower for the four-week moving average to 211k (-6k) for its lowest since early February.
  • The latest NSA change 175k after 177k makes the seasonally adjusted drop look on the favourable side again.
  • Continuing claims also better than expected as they increased to 1670k (cons 1675k) after a downward revised 1658k (initial 1662k) vs 2019 av 1699k.

To read the full story

Close

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.