- The previous week 225 thousand
- Initial jobless claims are 258,000 vs. 230,000 estimated
- The four-week moving average of initial jobless claims was 231K vs. 224.25K
- The previous week’s continuing claims of 1.826 million were revised to 1.819 million
- Continuing claims 1.861 million vs. 1.830 million estimate
- 4-week moving average for continuing claims 1.832 million vs. 1.828 million
The largest increases in initial claims for the week ending September 28 were in Michigan (+1,187), Washington (+892), Indiana (+657), California (+638), and Iowa (+568), while the largest decreases were in Georgia. (-1,237), Florida (-919), Texas (-532), Virginia (-481), and New York (-451).
There does not appear to be any comment on the weather or the strike, and the largest increases in initial claims are not centered around those states affected by the storm or strike.
US bond yields fell after CPI and claims data. The two-year yield decreased by -2.8 basis points. The 10-year rate fell by -0.6 basis points.
US stocks fell, with the Nasdaq index falling by -57 points, and the S&P index falling by -13.54 points.