Reply To: US Added 263k Jobs in November with a Robust Rise in Hourly Earnings

#47408
Truman
Participant

Weekly Initial Claims 225K (consensus 220K); Prior revised to 218K from 217K; Weekly
Continuing Claims 1.493 mln; Prior was revised to 1.487 mln from 1.485 mln

The key takeaway from the report is that initial jobless claims are still running at low levels, yet the latest reading shows claims moving in a direction that has been deemed the right direction for tempering the pace of the Fed’s rate hikes.