US: Weekly Initial Jobless Claims fall to 238K vs. 245K expected By Frank_Macro UnitedStates Macroeconomics
Initial claims fell to 238K in the week ending on January 29, below consensus expectations.
There were 238,000 initial claims for unemployment benefits in the US during the week ending January 29, data published by the US Department of Labor revealed on Thursday. This reading followed last week's print of 261,000 and was below with consensus market expectations for 245,000. Continued Claims fell slightly less than expected to 1.628M in the week ending on January 22 from 1.672M the week prior and was slightly above the 1.62M expected.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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