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US initial jobless claims 209K vs 205K expected
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Prior was 200K (revised to 210K)Continuing claims 1827K vs 1860K expectedPrior 1849K (revised to 1865K)It's another great report, especially on the continuing claims side which could point to lower unemployment rate.
The US jobless claims have been pointing to a "low hire, low fire" labour market in 2025 as initial claims remained stable, while continuing claims reached new cycle highs.
More recently, the jobless claims data showed a notable improvement.
In fact, initial claims fell to cycle lows and the uptrend in continuing claims started to reverse.
US Continuing Jobless Claims