• Initial jobless claims for the week ending November 2 decreased by 8,000 to 211,000 (Briefing.com consensus 217,000).
  • Continuing jobless claims for the week ending October 26 decreased by 3,000 to 1.689 million.

Key Factors

  • The four-week moving average for initial claims increased by 250 to 215,250.
  • The four-week moving average for continuing claims was unchanged at 1,686,750.
  • Initial claims have held below 300,000 for 244 straight weeks.

Big Picture

  • The key takeaway from the report is that it is consistent with a job market that remains on solid footing, which will keep recession concerns at bay.
Release Date Briefing.com
Case-Shiller 20-city Index January 26th 5.8%
Consumer Confidence January 26th 96.8
MBA Mortgage Index January 27th NA
FOMC Rate Decision January 27th 0.5%
Initial Claims January 28th 285k
GDP-Adv. January 29th 0.9%
Chicago PMI January 29th 45.0
Michigan Sentiment – Final January 29th 93.2
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