HomeLive CommentsUS initial jobless claims dropped to 411k, above expectation

US initial jobless claims dropped to 411k, above expectation

US initial jobless claims dropped -7k to 411k in the week ending June 18, above expectation of 380k. Four-week moving average of initial claims rose 1.5k to 398k.

Continuing claims dropped -144k to 3390k in the week ending June 12, lowest since March 21, 2020. Four-week moving average of continuing claims dropped -55k to 3553k.

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