交易新闻
16 Apr 2015
US initial jobless claims near recent lows, suggests labour market recovery continues – KBC
FXStreet (Barcelona) - Reviewing the US initial jobless claims data release, the KBC Bank Research Team views that the above consensus print at 294,000 suggest that claims remain near recent lows, which still suggests that the labour market recovery continues at full speed.
Key Quotes
“In the week ending the 11th of April, US initial jobless claims picked up by 12 000 to a total level of 294 000. The outcome was well above the market consensus, which was looking for a broadly stable outcome (280 000). The less-volatile four-week moving average picked up marginally, from 282 500 to 282 750.”
“The Labour Department said no states were estimated and there was nothing unusual In the data. Nevertheless, the week under review was the week after Easter in which volatility tends to be higher, due to swings in the seasonal adjustment factors.”
“Continuing claims, which are reported with an extra week lag, dropped to a new cyclical low. In the week ending the 4th of April, continuing claims dropped by 40 000 to a total of 2 268 000. This week included Good Friday, which might have depressed the claims data.”
“Overall however, both initial and continuing claims remain very close to the recent lows, suggesting that the labour market recovery continues at full speed.”
Key Quotes
“In the week ending the 11th of April, US initial jobless claims picked up by 12 000 to a total level of 294 000. The outcome was well above the market consensus, which was looking for a broadly stable outcome (280 000). The less-volatile four-week moving average picked up marginally, from 282 500 to 282 750.”
“The Labour Department said no states were estimated and there was nothing unusual In the data. Nevertheless, the week under review was the week after Easter in which volatility tends to be higher, due to swings in the seasonal adjustment factors.”
“Continuing claims, which are reported with an extra week lag, dropped to a new cyclical low. In the week ending the 4th of April, continuing claims dropped by 40 000 to a total of 2 268 000. This week included Good Friday, which might have depressed the claims data.”
“Overall however, both initial and continuing claims remain very close to the recent lows, suggesting that the labour market recovery continues at full speed.”