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- US: Initial Jobless Claims increased to 213K last week
US: Initial Jobless Claims increased to 213K last week
- Initial Jobless Claims climbed less than estimated to 213K.
- Continuing Jobless Claims rose to 1.907M in the week ending November 15.
US citizens filing new applications for unemployment insurance rose to 213K for the week ending November 22, as reported by the US Department of Labor (DoL) on Thursday. This print came in below initial estimates (217K) and was lower than the previous week's tally of 215K (revised from 213K).
Moreover, Continuing Jobless Claims went up by 9K to reach 1.907M for the week ending November 15.
Market reaction
The Greenback maintains its bearish note for the day so far, motivating the US Dollar Index (DXY) to retreat to the 106.30 region, or five-day lows.
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