p

Some third-party services are experiencing outages: Third-party members that we partner with for your services are experiencing a global, industry-wide issue. Various partners in our industry have been affected by issues with online functionality. While our systems appear relatively unaffected, please be patient if you find certain online functions are intermittently slow or unavailable. All steps are being taken to address any inconveniences you may experience.

Highlights

  • 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
Share This