US initial jobless claims fell -5k to 227k in the week ending February 7, above expectation of 222k. Four-week moving average of initial claims rose 7k to 219.5k.
Continuing claims rose 21k to 1,862, in the week ending January 31. Four-week moving average of continuing claims fell -3k to 1,847k, lowest since October 5, 2024.
