Takeaway: Initial Claims came in at 353K (SA) and 298K (NSA), keeping flat and falling -4% w/w, respectively, as the downtrend remains intact.

Below is a complimentary research note from our Financials analyst Josh Steiner. Check out Josh's product Financials Sector Profor the latest financial updates. Click HERE to learn more. 

Weekly U.I. Claims Staying On Course - EZiI8J WsAEMAAb

HEDGEYE FINANCIALS WEEKLY LABOR MARKET READING

As the domestic economy reopens and labor markets progress towards normalization, with pandemic-related uncertainty fading, we continue to see a strengthening in the downtrend in jobless claims data - marked by another pandemic low in the initial weekly claims figure.  

Weekly U.I. Claims Staying On Course - Summary 

Weekly U.I. Claims Staying On Course - Initial

Weekly U.I. Claims Staying On Course - PUA

Weekly U.I. Claims Staying On Course - Continuing

Weekly U.I. Claims Staying On Course - Total

Weekly U.I. Claims Staying On Course - PEUC

Weekly U.I. Claims Staying On Course - 152627