HomeLive CommentsUS initial jobless claims dropped slightly to 211k, below expectations

US initial jobless claims dropped slightly to 211k, below expectations

US initial jobless claims dropped -1k to 211k in the week ending May 18, below expectation of 215k. Four-week moving average of initial claims dropped -4.75k to 220.25k.

Continuing claims rose 12k to 1.676M in the week ending May 11. Four-week moving average of continuing claims rose 5.5k to 1.674M.

Full release here.

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