US initial jobless claims rose to 239k, continuing claims dropped to 1.56m
US initial jobless claims rose 23k to 230k in the week ending January 8, above expectation of 213k. Four-week moving average rose 6k to 211k.
Continuing claims dropped -194k to 1559k in the week ending January 1, lowest since June 2 1973. Four-week moving averages of continuing claims dropped -77k to 1722k, lowest since March 7, 2020.
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