HomeLive CommentsUS initial jobless claims dropped to 210k continuing claims down to 1.348m

US initial jobless claims dropped to 210k continuing claims down to 1.348m

US initial jobless claims dropped -8k to 210k in the week ending May 21, matched expectations. Four-week moving average of initial claims rose 7k to 207k.

Continuing claims rose 31k to 1346k in the week ending May 14. Four-week moving average of continuing claims dropped -14k to 1348k, lowest since January 17, 1970 when it was 1340k.

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