U.S. Jobless Claims Fall to 206K, but Continuing Claims Rise

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U.S. initial jobless claims fell 6,000 to 206,000 in the week ended August 15, below market expectations for 210,000 and pointing to continued stability in labor-market conditions. However, the previous week’s figure was revised up to 212,000 from 209,000, meaning the latest decline partly reflects a higher starting point. The four-week moving average, which smooths […]The post U.S. Jobless Claims Fall to 206K, but Continuing Claims Rise appeared first on ActionForex.