#USJobs 📊 Jobless Claims Slightly Above Forecast
U.S. initial jobless claims for the week ending Jan 24 came in at 209,000, slightly above the expected 205,000.
Last week’s claims were also revised upward from 200,000 to 210,000, indicating a marginally softer labor market than anticipated.
Takeaway:
Labor market remains relatively strong, but the slight increase hints at modest pressure on employment trends.