Initial jobless claims 205K versus 205K estimate

Initial jobs claims

Initial jobs claims come in as expected
  • Initial jobless claims 205K versus 205K estimate
  • four week moving average 206.25K versus 203.5K last week
  • prior week revised to 205K from 206K previously reported
  • continuing claims 1.859 million versus 1.82 million estimate
  • The continuing claims 4 week moving average was the lowest since March 14, 2021 it was at 1.731 million.
  • The largest increases in initial claims for the week ending December 11 were in Missouri (+7,344), Kentucky (+3,600),
    Illinois (+1,171), Nebraska (+1,032), and Tennessee (+705),
  • The largest decreases were in New York (-8,157),
    North Carolina (-4,320), Texas (-4,086), Wisconsin (-3,214), and Oregon (-1,982).

The data corresponds with the BLS survey week for the December jobs report.

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