US initial jobless claims rose 5k to 245k in the week ending April 15, above expectation of 238k. Four-week moving average of initial claims dropped -500 to 249.75k.
Continuing claims rose 61k to 1865k in the week ending April 8, highest since November 27, 2021. Four-week moving average of continuing claims rose 15k to 1827k, highest since December 18, 2021.
