$ETH
The number of initial jobless claims in the United States unexpectedly decreased!
The labor market remains strong!
The latest data is out! As of December 21, the number of initial jobless claims in the United States was only 219,000, lower than the expected 224,000 and the previous value of 220,000!
In addition, the four-week average also slightly increased to 226,500, while the previous value was 225,500.
Looking at the continuing jobless claims, as of the week ending December 14, the number was 1.91 million, slightly higher than the expected 1.88 million, but the previous value was revised from 1.874 million to 1.864 million.
These data indicate that the U.S. labor market remains strong, and the decrease in initial jobless claims is a pleasant surprise!
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