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    HomeLive CommentsUS initial jobless claims dropped back to 238k

    US initial jobless claims dropped back to 238k

    US initial jobless claims dropped -23k to 238k in the week ending January 29, much better than expectation of 264k. Four-week moving average of initial claims rose 8k to 255k.

    Continuing claims dropped -44k to 1628k in the week ending January 22. Four-week moving average of continuing claims dropped -31k to 1620k, lowest since August 4, 1973.

    Full release here.

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