US initial jobless claims 247K vs 235K expected

  • Weekly US initial jobless claims and continuing claims data for the week ending May 31, 2025
initial jobless claims
  • Prior was 240K
  • Continuing claims 1904K vs 1910K expected
  • Prior 1919K

The market has been waiting for a climb in initial jobless claims. This reading is the highest since October, so it's certainly creeping up and the US dollar has dipped on the data.

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