Initial Jobless Claims Beat Expectations At 351K

UPDATE:

Just fine. Initial jobless claims came in at 351K, just ahead of expectations, and down from a revised 353K last week.

Nothign too special to report. Just solid, improving data.

ORIGINAL POST: Initial claims have been grinding lower week after week, defying expectations of a stallout.

Today analysts expect to see 355K vs 351K in the week before.

We’ll have the data here live.

This chart shows the steady grind lower, week after week.

chart

Photo: FRED

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