US initial jobless claims 218K vs 210k estimate

<ul><li>Prior week 205K revised to 206K</li><li>Initial jobless claims 218K vs 210K estimate</li><li>4-week moving average of initial jobless claims 212.00K versus 212.25K last week</li><li>Continuing Claims 1.875M vs 1.875M estimate. Prior week 1.865M revised to 1.861M</li><li>4-week moving average of continuing claims 1.8645M vs 1.877M last week.</li><li>The largest increases in initial claims for the week ending December 16 were in Ohio (+1,304), Oklahoma (+1,029),
Michigan (+580), Connecticut (+472), and Massachusetts (+432), </li><li>The largest decreases were in California (-3,834),
Georgia (-1,684), Pennsylvania (-588), Arkansas (-541), and Minnesota (-500).</li></ul><p>Note that generally speaking around holidays initial and continuing claims can the more volatile as holiday jobs swing around in a more volatile fashion. </p>

This article was written by Greg Michalowski at www.forexlive.com.