US Initial jobless claims 220K vs 230K estimate

• Prior week 232K
• Initial jobless claims 220K vs 230K estimate
• 4-week MA 224.25K vs 227.25K prior
• Continuing claims 1.974M vs estimate 1.951M. Prior week 1.957M
• 4-week moving average 1.960M vs 1.954M the prior week.

Like the US jobs report for September, this report is also not showing job weakness.

This article was written by Greg Michalowski at investinglive.com.