US DATA: Initial jobless claims -12k to 377k in June.

Author: Market News International | Category: News

Author: Market News International

US DATA: Initial jobless claims -12k to 377k in June 2 holiday wk, below
expectations, but following an upward revision to the prev wk. Labor
Dept analyst said there were no states estimated, no special factors
other than the Memorial Day holiday. Seasonal factors expected a drop in
NSA claims of 4.3% (-14,700) due to the shorter week, actual NSA claims
fell by 7.0% or -24,376 to 321,884. 4-wk moving avg +1,750 to 377,750 in
June 2 wk. Continuing claims +34k to 3.293 mln in May 26 wk.

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