HomeLive CommentsUS initial jobless claims dropped to 444k, lowest since March 2020

US initial jobless claims dropped to 444k, lowest since March 2020

ActionForex
By ActionForex

US initial jobless claims dropped -34k to 444k in the week ending May 15, below expectation of 450k. That’s also the lowest level since March 14, 2020. Four-week moving average of initial claims dropped -30.5k to 505k, lowest since March 14, 2020.

Continuing claims rose 111k to 3751k. Four-week moving average of continuing claims rose 25k to 3681k.

Full release here.

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