US continuing claims 2018K vs. 2003K estimate

The weekly US employment claims came in as expected at 254K vs 255K estimate. The prior week was 258K.

Continuing claims came in at 2018K versus 2003K estimate. Last week was revised to 2007K from 2005K.

The 4- week average rose to 257.75K from 252.50K

The claims data is still showing a strong employment market - despite the smallish rise in the 4- week average.