U.S. INITIAL JOBLESS CLAIMS RISE ABOVE EXPECTATIONS
U.S. INITIAL JOBLESS CLAIMS RISE ABOVE EXPECTATIONS
Initial jobless claims for the week total 242K, above the 221K estimate.
Previous week’s initial claims revised to 220K from 219K.
4-week moving average for initial claims rises to 224K, up from 215.5K last week.
Continuing claims come in at 1.862M, slightly below the 1.872M estimate.
4-week moving average for continuing claims increases to 1.865M from 1.862M last week.
