US initial jobless claims rose 18k to 206k in the week ending December 11, above expectation of 192k. Four-week moving average of initial claims dropped -16k to 204k, lowest level since November 15, 1969.
Continuing claims dropped -154k to 1845k in the week ending December 4, lowest since March 14, 2020. Four-week moving average of continuing claims dropped -66k to 1963k, lowest since March 14, 2020 too.