- Prior week 224K revised to 224K
- The 4-week moving average
- Continuing claims 1.923M vs 1.900 estimate.
- Prior week 1.897M revised to 1.885M
- The 4-week moving average
Initial jobless claims track the weekly number of Americans filing for unemployment benefits for the first time and are one of the most timely indicators of U.S. labor-market health and overall economic momentum. Rising claims can signal increasing job losses and a slowing economy, while declining claims suggest that hiring is outpacing layoffs, pointing to underlying economic strength. Released every Thursday by the U.S
US initial jobless claims 214K vs estimate of 225K estimate.