US jobless claims increased 11k to 219k last week, slightly above expectations of 213k.

• Non-seasonally adjusted increased 11.4k to 239.7k following two weeks of sharp declines.
• Continued claims increased by a slightly larger-than-expected amount to 1.886 million (vs 1.870 million expected), and the insured unemployment rate was unchanged at 1.2%.
• Non-seasonally adjusted continued claims saw a larger increase to 2.25 million with the NSA insured unemployment rate up 0.1 ppts to 1.5%.