HomeLive CommentsUS initial jobless claims rose to 203k, continuing claims dropped to 1.343m

US initial jobless claims rose to 203k, continuing claims dropped to 1.343m

US initial jobless claims rose 1k to 203k in the week ending May 7, above expectation of 190k. Four-week moving average of initial claims rose 4k to 193k.

Continuing claims dropped -44k to 1343k in the week ending April 30, lowest since January 3, 1970 when it was 1332k. Four-week moving average of initial claims dropped -33k to 1385k, lowest since January 31, 1970 when it was 1374k.

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