Initial Jobless Claims Fall To 414K -- Slightly Better Than Expected

The number:

Alright, 414K is a touch better than expected.

Nothing wild, but at least not a disaster, so consider that a minefield avoided.

Background: You know the drill. This high-frequency number has been consistently over 400K. Analysts are looking for 420K, slightly down from last week’s 427K.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.