US initial jobless claims dropped -8k to 207k in the week ended September 29, slightly expectation of 206k. Four-week moving average of initial claims rose 0.5k to 207k. Continuing claims dropped -13k to 1.65m in the week ended September 22. Four-week moving average of continuing claims dropped -15.25k to 1.6645m, lowest since October 27, 1973.
