HomeLive CommentsUS initial jobless close rose to 217k, slightly above expectations

US initial jobless close rose to 217k, slightly above expectations

ActionForex
By ActionForex

US initial jobless claims rose 1k to 217k in the week ending August 31, slightly above expectation of 215k. Four-week moving average rose 1.5k to 216.25k. Continuing claims dropped -39k to 1.662m in the week ending August 24. Four-week moving average dropped -6.25k to 1.692m.

Also from US, non-farm productivity was finalized at 2.3% in Q2, unrevised. Unit labor costs was finalized at 2.6%, revised up from 2.4%.

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