4-week average rose to 243K vs 242K last week
- Initial claims was 237K a decrease of 8K from the previous week's unrevised level of 245K. The estimate was for 241K
- The 4-week moving average was 243K0, an increase of 1K from the previous week's unrevised average of 242,000.
- Continuing claims came in at 1,935k an increase of 6k from the previous week's revised level. The previous week's level was revised up 12k from 1,917k to 1,929k
- The 4-week moving average was 1,926.75k, an increase of k from the previous week's revised average.
- The largest increases in initial claims for the week ending June 3 were in Pennsylvania (+980), Arkansas (+756), Florida (+554), Arizona (+375), and Iowa (+353)
- The largest decreases were in California (-8,313), Kansas (-2,350), Missouri (-2,144), Tennessee (-2,101), and New York (-1,176).
