• Prior week initial claims 248K revised 250K (highest since October 2024)
  • Initial jobless claims 245K vs 245K estimate.
  • 4-week moving average for initial claims 245.5K versus 240.25K
  • Prior week continuing claims 1.951M revised from 1.956M
  • Continuing claims 1.945M vs 1.932M estimate. 4th consecutive read over 1.900M
  • 4-week moving average for continuing claims 1.926M vs 1.913M last week

The claims data is a week early due to the Juneteenth holiday tomorrow where federal offices, banks and the US stock and bond markets will all be closed.

Source: Forex Live