The US economy released this morning the Jobs Report to show that Initial Jobless claims for the week ending in August 21st improved as it fell from the revised previous 504 thousand to reach 473 thousand which is better than the 490 thousand expected reading.

Continuing Claims for the week ending in August 14th also improved as it fell from the previous 4478 thousand to reach 4456 thousand which is better than the expected 4495 thousand.