HomeLive CommentsUS initial jobless claims rose to 229k, continuing claims unchanged at 1.3m

US initial jobless claims rose to 229k, continuing claims unchanged at 1.3m

ActionForex
By ActionForex

US initial jobless claims rose 27k to 229k in the week ending June 4, above expectation of 208k. Four-week moving average of initial claims rose 8k to 215k.

Continuing claims was unchanged at 1306k in the week ending May 28. Four-week moving average of continuing claims dropped -9k to 1318k, lowest since January 10, 1970 when it was 1310k.

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