US initial jobless claims fell -7k to 227k in the week ending August 10, lower than expectation of 239k. Four-week moving average of initial claims fell -4.5k to 236.5k.
Continuing claims fell -7k to 1864k in the week ending August 3. Four-week moving average of continuing claims rose 1k to 1862k, highest since November 27, 2021.
