U.S. Jobless Claims Fall to 206K, but Continuing Claims Rise
U.S. initial jobless claims fell 6,000 to 206,000 in the week ended August 15, below market expectations for 210,000 and pointing to continued stability in labor-market conditions. However, the previous week’s figure was revised up to 212,000 from 209,000, mea
U.S. initial jobless claims fell 6,000 to 206,000 in the week ended August 15, below market expectations for 210,000 and pointing to continued stability in labor-market conditions. However, the previous week’s figure was revised up to 212,000 from 209,000, meaning the latest decline partly reflects a higher starting point. The four-week moving average, which smooths […] The post U.S. Jobless Claims Fall to 206K, but Continuing Claims Rise appeared first on ActionForex.