US initial jobless claims rose 20k to 332k in the week ending September 11, above expectation of 316k. Four-week moving average of initial claims dropped -4k to 336k, lowest since March 14, 2020.
Continuing claims dropped -187k to 2665k in the week ending September 4, lowest since March 14, 2020. Four-week moving average of initial claims dropped -50k to 2808k, lowest since March 21, 2020.