HomeLive CommentsUS initial jobless claims rose to 412k, continuing claims at 3.5m

US initial jobless claims rose to 412k, continuing claims at 3.5m

US initial jobless claims rose 37k to 412k in the week ending June 12, above expectation of 360k. Four-week moving average of initial claims dropped -8k to 395k lowest since March 14, 2020.

Continuing claims rose 1k to 3518k in the week ending June 5. Four-week moving average of continuing claims dropped -55k to 3608k, lowest since March 21, 2020.

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