HomeLive CommentsUS initial jobless claims jump to 247k vs exp 235k

US initial jobless claims jump to 247k vs exp 235k

US initial jobless claims rose 8k to 247k in the week ending May 30, above expectation of 235k. Four-week moving average of initial claims rose 4.5k to 235k.

Continuing claims fell -3k to 1904k in the week ending May 24. Four-week moving average of continuing claims rose 8k to 1895k, highest since November 27, 2021.

Full US jobless claims release here.

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