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US initial jobless claims 242K vs 220K estimate

December 12, 2024 at 01:30PM

Prior week initial jobless claims 224K revised to 225K

Initial jobless claims 242K vs 220K estimate. Highest since the 1st week of October

4-week MA for initial jobless claims 224.25K vs 218.5K last week

Prior week continuing claims 1.871M

Continuing claims 1.886M vs 1.875M estimate

4-week MA 1.888M. This is the highest level November 27, 2021.

Needless to say a big jump. The last two weeks has seen a jump in initial jobless claims by 27K (from 215 in the week of November 23)

This article was written by Greg Michalowski at www.forexlive.com.

US initial jobless claims 242K vs 220K estimate