US initial jobless claims fell from 206k to 196k in the week ending September 12, substantially below the 209k expectation. The four-week moving average declined from 206k to 203.25k, indicating that the improvement was not limited to the latest weekly reading. Unadjusted claims dropped 13.9%, compared with the 9.3% decline anticipated by seasonal factors. Continuing […]The post US Claims Drop to 196k as Labor Market Resilience Continues appeared first on ActionForex.