4 week average comes in at 243.0K vs 242.25K
The US initial jobless claims came in at 248K vs 243K estimate. The prior week came in at 244K.
- The 4 week average came in at 243K vs 242.25K last week
- Continuing claims came in at 1956K vs 1940K est. The prior week was revised slightly lower to 1945K vs 1948K.
- The largest increases in initial claims for the week ending June 24 were in New Jersey (+7,210), California (+4,144), Massachusetts (+2,367), Connecticut (+2,318), and New York (+1,596),
- The largest decreases were in Pennsylvania (-2,769), Maryland (-1,683), Wisconsin (-1,387), Illinois (-719), and Georgia (-701).