US Unemployment Insurance: Week of December 28th
US jobless claims fell -9k to 211k last week, below expectations of 222k. Not seasonally adjusted claims were up only 7k to 288k. More significantly, the continued claims number eased -52k to 1.844 million, and the insured unemployment rate fell -0.1 pts to 1.2%. The continued claims number was expected to remain high at 1.890 million, but that missed by a decent amount. Not seasonally adjusted continued claims fell -76k to 1.869 million.