Quick claims data review
The claims data was about as expected. For the week ended August 17th, initial claims totaled 232k as forecasted while last week was revised up by 1k to 228k. The 4 week average was 236kvs 237k last week. Continuing claims rose 4k w/o/w to 1.863mm and continues to hover around the highest since November 2021. The estimate was 1.87mm.
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