Last week’s adjusted continuing claims figure in the U.S. (thousands) (as of 0801) fell short of expectations: 1777 vs 1795

U.S. continuing claims fell to 1,777k, missing the 1,795k forecast and previous 1,801k, signaling weakening labor market resilience.

Last week, the U.S. continuing claims figure, after seasonal adjustment, was 1,777 thousand, lower than the expected 1,795 and the previous value of 1,801. The weaker-than-expected data indicates diminishing resilience in the labor market, which may reinforce expectations that the Federal Reserve will maintain its accommodative monetary policy.