Continuing claims 1741K vs 1738K expected
The US initial claims came in pretty much as expected at 222K vs 220k expected. The prior month was revised slightly to 223K vs 221K last week.
Continuing claims came in at 1741K vs 1738K estimate. Prior week revised to 1720K vs 1726K.
The 4-week MA of claims came in at 225.5K vs 222.75K last week
The largest increases in initial claims for the week ending May 26 were in New York (+1,628), Missouri (+1,125), Michigan (+1,023), Illinois (+917), and Tennessee (+748),
The largest decreases were in California (-3,999), Kentucky (-3,755), Pennsylvania (-1,511), Texas (-1,117), and Alabama (-837).
