US initial jobless claims rose 4k to 232k in the week ending August 17, matched expectations. Four-week moving average of initial claims fell -750 to 236k.
Continuing claims rose 4k to 1863k in the week ending August 10, highest since November 27, 2021. Four-week moving average of continuing claims rose 5k to 1878k, highest since November 21, 2021.