Headline Alert
Economic Update: Weekly Jobless Claims
Initial Claims for Unemployment Insurance for the week ending 5/28 fell by 6K to 422K. This was above the consensus estimate for 417K but below last week’s total of 428K.
Continuing Claims for the week ending 5/21 came in at 3.711M vs. 3.679M and last week’s 3.712M.
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