US jobless claims data was released today at 1:30 pm GMT. Reading was expected to show a slightly lower initial and slightly higher continuing claims than a week ago. Actual data showed initial claims at 202k and continuing claims at 1.85 million - much lower than expected.
US, jobless claims
- Initial jobless claims: 202k vs 216k expected (218k previously)
- Continuing claims: 1.85 million vs 1.88 million expected (1.87 million previously)
Source: xStation
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