US initial jobless claims for the week comes in at 216K vs 216K estimate

Initial jobless claims for the week of July 13, 2019

  • Initial jobless claims 216K versus 216K estimate. Prior week revised to 208K from 209K previously reported
  • Continuing claims 1686K versus 1700K estimate. Prior we revised to 1728K from 1723K previously reported
  • 4 week MA for initial claims 218.75K, down from 219K last week
  • 4 week MA for continuing claims 1701K vs 1696K last week
  • The largest increases in initial claims for the week ending July 6 were in New York (+10,903), Michigan (+6,729),
    Kentucky (+2,515), Arkansas (+1,374), and Wisconsin (+1,264), 
  • the largest decreases were in California (-7,210),
    New Jersey (-5,946), Texas (-2,057), Connecticut (-1,556), and Pennsylvania (-1,351). 

Job numbers remain strong

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