05 Oct '23 at 9:20 am #66239
Participant
Initial jobless claims for the week ending September 30 increased by 2,000 to 207,000 (consensus 225,000).
Continuing jobless claims for the week ending September 23 decreased by 1,000 to 1.664 million.
The key takeaway from the report is the understanding that the low level of initial claims is associated not only with a tight labor market, but also an economy running at a good pace.