U.S. initial jobless claims increased moderately by 7k to 198k last week, rising for the first time in three weeks and marginally beating market expectations (Refinitiv: 196k), signalling some weakness in an otherwise tight labour market.

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Mar 31, 2023

Macro and Markets Research

U.S. initial jobless claims increased moderately by 7k to 198k last week, rising for the first time in three weeks and marginally beating market expectations (Refinitiv: 196k), signalling some weakness in an otherwise tight labour market.