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- US: Weekly Initial Jobless Claims unchanged at 205K as expected
US: Weekly Initial Jobless Claims unchanged at 205K as expected
- Weekly Initial Jobless Claims in US stayed unchanged at 205K.
- US Dollar Index continues to move sideways above 96.00.
There were 205,000 initial claims for unemployment benefits in the US during the week ending December 18, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading matched the market consensus.
Market reaction
This report doesn't seem to be having a significant impact on the dollar's market valuation. The US Dollar Index was last seen posting small daily gains at 96.15.
Key takeaways
"The 4-week moving average was 206,250, an increase of 2,750 from the previous week's revised average."
"The advance seasonally adjusted insured unemployment rate was 1.4% for the week ending December 11."
"The advance number for seasonally adjusted insured unemployment during the week ending December 11 was 1,859,000, a decrease of 8,000 from the previous week's revised level."
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