The US jobs market is steadily improving, again

Some good news in the US.

Initial jobless claims have dropped/risen from 330,000 last week to 326,000 in the week to 10 January.

We got a slightly stronger number than that analysts had been expecting - consensus estimates suggested a fall to 328,000.

The general improvements in the US labour market are starting to get a bit boring. Good news here, apart from the falling participation rate.

Worth pointing out this chart showing how robots arereplacing US manufacturing roles.