- Prior week 217K revised from 215K
- Initial jobless claims 215K versus 218K estimate. Four week moving average 218.75K versus 222.5 K last week
- Prior week continuing claims 1.806 million revised from 1.814 million previous.
- Continuing claims 1.814 million versus 1.815 million estimate.
- The 4-week moving average was 1,808,000, an increase
of 7,000 from the previous week’s revised average. The previous week’s average was revised down by 2,000 from
1,803,000 to 1,801,000. - The largest increases in initial claims for the week ending June 27 were in New Jersey (+7,262), Connecticut (+2,503),
Massachusetts (+1,823), New York (+1,373), and Oklahoma (+1,264), - The largest decreases were in California
(-6,158), Pennsylvania (-2,995), Minnesota (-1,947), Wisconsin (-1,029), and Texas (-812).
The data from the initial and continuing claims shows a steady bias with no higher/no fire bias overall the main trend.
This article was written by fl932d6e52a19643278e0f123bca7198f5 at investinglive.com.
