US – Initial Claims
11/01/2019 09:29 am MYT
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The seasonally adjusted initial claims for the week ending 5 Jan 2019 were 216,000, down 17,000 from the previous week. The 4-week moving average increased 2,500 from the previous week to 221,750 – see figure 1. Continuing jobless claims for the week ending 29 Dec 2018 registered a seasonally adjusted 1.722 mln, down 28,000 from the previous week, while the 4-week moving average increased by 15,250 to 1.721 mln. Layoffs continued to veer at historically low levels despite a noticeable rise. The underlying trend remained consistent with a tight labour market.

 

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