US initial jobless claims 214K vs estimate of 225K estimate.
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US initial jobless claims for the week were 214K, below the estimate of 225K. The prior week's claims were revised to 224K. The 4-week moving average decreased to 216,750. Continuing claims rose to 1.923M, above the estimate of 1.900M. The 4-week moving average for continuing claims decreased to 1.893M. Initial jobless claims are a key indicator of labor-market health and economic momentum.
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