US initial jobless claims fell -17k to 233k in the week ending August 3, lower than expectation of 245k. Four-week moving average of initial claims rose 2.5k to 241k.
Continuing claims rose 6k to 1875k in the week ending July 27, highest since November 21, 2021. Four-week moving average of continuing claims rose 7k to 1869k, highest since November 27, 2021 too.
Full US jobless claims release here.
