US initial jobless claims rose 12k to 211k in the week ending May 9, coming in slightly above expectations of 205k and signaling some modest cooling in labor market conditions. The four-week moving average of initial claims, which helps smooth weekly volatility, also edged higher by 750 to 203.75k. Continuing claims increased by 24k to […]The post US initial jobless claims rise to 211k vs exp 205k appeared first on ActionForex.