HomeLive CommentsUS initial jobless claims dropped slightly to 229k

US initial jobless claims dropped slightly to 229k

US initial jobless claims dropped -2k to 229k in the week ending June 18, matched expectations. Four-week moving average of initial claims rose 4.5k to 223.5k.

Continuing claims rose 5k to 1315k in the week ending June 11. Four-week moving average of continuing claims dropped -7k to 1310k, lowest since January 3, 1970.

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