Initial jobless claims:
Prior week initial jobless claims 247K revised to 248KInitial jobless claims 248K versus 240K estimate. Highest since October 20244 week moving average of initial jobless claims 240.25K versus 235.25K last weekContinuing claims:
The initial jobless claims and continuing claims are trending to the upside.
Below is a chart of the continuing claims as it breaks to the upside indicative of a weaker job market.
The largest increases (a week delayed from this data) in initial claims for the week ending May 31 were in Kentucky (+3,967), Minnesota (+2,364), Tennessee (+1,764), Ohio (+1,271), and North Dakota (+593), while the largest decreases were in Michigan (-3,783), Massachusetts (-1,585), Florida (-1,456), Iowa (-1,074), and Nebraska (-1,065).
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about us initial jobless claims 248k versus 240k estimate was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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