The latest data on initial jobless claims in the US shows a slight increase to 219k compared to the estimated 217k, with continuing claims at 1.791M. Tennessee, Michigan, and Minnesota saw increases, while Pennsylvania, California, and Ohio saw decreases in claims.
The headlines for jobless claims remained ho hum, but the underlying trend continued to reflect a deterioration for both initial and continuing claims. Relative to recent non-COVID impacted years (i.e., 2018-2019 and 2022-2023), non-seasonally adjusted continuing claims have… https://t.co/0Mbfv8H2Dn
🇺🇸Initial claims for #unemployment rose a smidge in week-ended May 25. ⚠️While the labor market is cooling, we see no early signs of a retrenchment. Generally, claims remain low: 📈Claims: 219k (+3k) 📈4-wk average: 222k (+3k) https://t.co/Ezyu0Ga33e
🔵 US WEEKLY JOBLESS CLAIMS EDGE UP IN LATEST WEEK Full Story → https://t.co/mUdtIdV33c The number of Americans filing new claims for unemployment benefits ticked higher last week, but underlying strength in the labor market still shows signs of persisting and should continue…
Initial jobless claims at 219k vs. 217k est. & 216k prior (rev up from 215k); continuing claims at 1.791M vs. 1.796M est. & 1.787M prior (rev down from 1.794M) … greatest increases in TN (+1.9k), MI (-1.6k), & MN (-828); greatest decreases in PA (-845), CA (-760), & OH (-689) https://t.co/s1ozPbMAVI
U.S. weekly initial unemployment-benefits claims edge upward https://t.co/RzbykKqGTz
Initial Jobless Claims Rise Near 8-Month Highs, But... https://t.co/JtCnAHhWyU