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HomeLive CommentsUS jobless claims rose sharply by 55k to 286k

US jobless claims rose sharply by 55k to 286k

US initial jobless claims rose sharply by 55k to 286k in the week ending January 15, well above expectation of 215k. Four-week moving average of initial claims rose 20k to 231k.

Continuing claims rose 84k to 1635k in the week ending January 8. Four-week moving average of continuing claims dropped -55k to 1664k, lowest since April 27, 2019.

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