HomeLive CommentsUS initial jobless claims dropped to 1.186k, continuing claims down to 16.1m

US initial jobless claims dropped to 1.186k, continuing claims down to 16.1m

US initial jobless claims dropped -249k to 1186k in the week ending August 1, better than expectation of 1450k. Four-week moving average of initial claims dropped -31k to 1338k.

Continuing claims dropped -884k to 16107k in the week ending July 25. Four-week moving average of continuing claims dropped -413k to 16628k.

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