HomeLive CommentsUS initial jobless claims rose to 248k, slightly below expectation

US initial jobless claims rose to 248k, slightly below expectation

US initial jobless claims rose 12k to 248k in the week ending July 1, slightly below expectation of 249k. Four-week moving average of initial claims dropped -3.5k to 253k.

Continuing claims dropped -13k to 1720k in the week ending June 24. Four-week moving average of continuing claims dropped -9k to 1747k.

Full US jobless claims release here.

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