US initial jobless claims fell -10k to 236k in the ween ending June 21, below expectation of 247k. Four-week moving average of initial claims fell -750 to 245k.
Continuing claims rose 37k to 1974k in the week ending June 14, the highest level since November 6, 2021. Four-week moving average of continuing claims rose 17k to 1941k, highest since November 20, 2021.