US initial jobless claims 231K vs 240K expected

Prior 263K (revised to 264K)Continuing claims 1920K vs 1950K expectedPrior 1939K (revised to 1927K)The data is better than expected across the board and continuing claims seem now on a downward trend. Last week, we got a spike in initial claims but it was later reported that they were negatively affected by a big spike in Texas and those filings were fraudulent.
This article was written by Giuseppe Dellamotta at investinglive.com.

Source: investinglive.com (Read Full Article)