Mon, Jun 21, 2021 @ 23:14 GMT
HomeLive CommentsUS initial jobless claims dropped to 498k, lowest since March 14, 2020

US initial jobless claims dropped to 498k, lowest since March 14, 2020

US initial jobless claims dropped -92k to 498k in the week ending May 1, below expectation of 540k. That’s also the lowest level since March 14, 2020. Four-week moving average of initial claims dropped -61k to 560k, lowest since March 13, 2020 too.

Continuing claims rose 37k to 3690k in the week end April 24. Four-week moving average of continuing claims dropped -6.8k to 3676k, lowest since March 28, 2020.

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