Weekly US initial jobless claims data
- Prior was 803K (revised to 806K)
- Continuing claims 5219K vs 5390K expected
- Prior continuing claims 5337K
- PUA claims 308K vs 397K prior
- Total claims 19.564K vs 20.368K prior
- Full report
This is for the week ending December 26, which is obviously impacted by holidays and very tough to forecast because of that. I wouldn’t take a signal from the data until January, when the work week gets back to normal.
Markets were little changed on this data point, which is the last US number of 2020.
This article was originally published by Forexlive.com. Read the original article here.