Updated: 22-Jun-17 09:15 ET

Initial Claims for the Week Ended Jun 17

Updated: 22-Jun-17 09:15 ET

Highlights

• Initial claims for the week ending June 17 increased by 3,000 to 241,000 (Briefing.com consensus 240,000) while continuing claims for the week ending June 10 increased by 8,000 to 1.944 million.

Key Factors

• There were no special factors influencing the initial claims reading, which held below 300,000 for the 120th straight week.
• The four-week moving average for initial claims increased by 1,500 to 244,750
• The four-week moving average for continuing claims increased by 5,000 to 1.932 million

Big Picture

• The key takeaway from this report is that it will feed expectations for another decent-sized gain in nonfarm payrolls since it encompassed the week in which the survey for the June employment report was conducted.

Category	Jun 17	Jun 10	Jun 3	May 27	May 20
Initial Claims	241K	238K	245K	255K	235K
4-Wk Moving Avg	245K	243K	242K	240K	236K
Continued Benefits		1944K	1936K	1929K	1919K
4-Wk Moving Avg		1932K	1927K	1918K	1916K