The weekly initial and continuing claims shows:Initial jobless claims 219K vs 210K estimate. Prior week 202K revised to 203K4 week moving average of initial jobless claims 209.5K versus 208.0K last week.Continuing claims 1.794M vs 1.840M estimate. Prior week 1.841M revised to 1.832M.4 week moving average of continuing claims x.xxxM vs 1.846M last week.Initial jobless claims area a weekly report of the US Department of the number of individuals filing for unemployment insurance for the first time. As a key leading indicator, this data signals changes in the labor market, impacting financial markets and helping forecast unemployment rates This article was written by Greg Michalowski at investinglive.com.