US initial jobless claims fell -5k to 245k in the week ending June 14, slightly below expectation of 246k. Four-week moving average of initial claims rose 5k to 245.5k, highest since August 19, 2023.
Continuing claims fell -6k to 1945k in the week ending June 7. Four-week moving average of continuing claims rose 13k to 1926k, highest since November 20, 2021.
