Prior week 217K revised from 215KInitial jobless claims 215K versus 218K estimate. Four week moving average 218.75K versus 222.5 K last weekPrior 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.