Unemployment claims rose 11,000 to 235,000 in the week ending August 16, compared with the median estimate of 225,000, according to Labor Department data.
Estimated range: 220,000-235,000 from 40 economists. The previous week's claims were unrevised from 224,000. The 4-week moving average was 226,250 in the week ending August 16.
Actual unadjusted initial claims were 194,900 vs. 199,400 in the previous week. Continuing claims rose 30,000 to 1.972 million in the week ending August 9. Highest level since 2021 (alg)
Source: Bloomberg
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