U.S. initial jobless claims for the week ending August 22 came in at 203,000, below the expected 208,000. According to Odaily, the prior reading was revised from 206,000 to 207,000.
The four-week moving average of initial claims was 205,500, compared with a previously revised 204,250. According to Odaily, continuing claims for the week ending August 15 were 1.778 million, below the expected 1.79 million.
