Initial jobless claims for the week of June 17, 2017

  • US initial jobless claims come in at 241K vs 240K estimate
  • 4 week average for initial jobless claims 244.75 vs 243.25
  • Continuing claims 1944K vs 1928K est.
  • The largest increases in initial claims for the week ending June 10 were in California (+6,409), Pennsylvania (+5,305), Florida (+2,398), Texas (+1,922), and Georgia (+1,569),
  • The largest decreases were in Tennessee (-1,036), Arkansas (-956), Ohio (-829), Missouri (-541), and New Mexico (-419).

Data comes in as expected and continues to show a steady, growing employment situation.