HomeLive CommentsUS initial jobless claims rose to 264k, highest since Oct 30, 2021

US initial jobless claims rose to 264k, highest since Oct 30, 2021

US initial jobless claims rose 22k to 264k in the week ending May 6, above expectation of 245k. That’s the highest level since October 30, 2021. Four-week moving average of initial claims rose 6k to 245k, highest since November 20, 2021.

Continuing claims rose 12k to 1813k in the week ending April 29. Four-week moving average of continuing claims rose 2k to 1830k.

Full US jobless claims release here.

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