Prior 194K (revised to 195K)Continuing claims 1701K vs 1720K expectedPrior 1728K (revised to 1722K)US initial jobless claims came in at 194K versus 199K expected, while continuing claims fell to 1.701 million against expectations of 1.720 million. The previous readings were revised to 195K and 1.722 million, respectively.US Jobless Claims measure the number of people filing for unemployment benefits and provide a timely indicator of labour market conditions. Initial claims track new applications and offer insight into layoffs, while continuing claims measure the number of people still receiving benefits, providing clues about how easily unemployed workers find new jobs. The report points to continued labour market resilience, with both initial and continuing claims coming in below expectations. The decline in initial claims suggests that layoffs remain limited, while the drop in continuing claims indicates that people are finding jobs quicker.The data reinforces the picture of a resilient labour market. With economic activity remaining strong and persistent inflationary pressures, the Fed might need to step up its game and tighten policy faster. This article was written by Giuseppe Dellamotta at investinglive.com.