US initial jobless claims 220K versus 225K estimate

<ul><li>Prior week 216K revised to 217K</li><li>initial jobless claims 220K vs 225K estimate</li><li>4 week moving average of initial jobless claims 224.5K vs 229.5k prior</li><li>continuing claims 1.688M versus 1.695M. </li><li>Prior week of continuing claims 1.684M versus 1.679 previously reported</li></ul><p>The initial jobs claims are trending more to the downside, while the continuing claims continue to remain steady of late. The jobs market remain solid.</p>

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