Initial Jobless Claims Beat At 401k

Headline: 401,000

Expectations: 410,000, range of 395,000 to 415,000

Last Week: 395,000, revised up from 391,000.

The 4-week moving average is at 414k, down from last week’s 418k.

For some historical context:

Initial Jobless Claims Though September 29

Photo: St. Louis Fed

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