Updated: 18-Jun-25 09:30 ET
Highlights
- Initial jobless claims for the week ending June 14 decreased by 5,000 to 245,000 (Briefing.com consensus 253,000).
- Continuing jobless claims for the week ending June 7 decreased by 6,000 to 1.945 million.
- The four-week moving average for initial claims increased by 4,750 to 245,500, reaching its highest level since August 19, 2023.
- The four-week moving average for continuing claims increased by 13,000 to 1,926,250, reaching its highest level since November 20, 2021.
- The total number of continued weeks claimed for benefits in all programs for the week ending May 31 was 1,854,556, an increase of 70,748 from the previous week and compared to 1,731,054 in the comparable week a year ago.
- The key takeaway from the report is that it covers the week in which the survey for the June employment report is conducted, and with initial jobless claims still at a relatively low level, there will be a basis for economists to expect another decent gain in nonfarm payrolls (all things considered).
| Category | Jun 14 | Jun 7 | May 31 | May 24 | May 17 |
| Initial Claims | 245K | 250K | 248K | 239K | 226K |
| 4-Wk Moving Avg | 246K | 241K | 235K | 231K | 231K |
| Continued Benefits | 1945K | 1951K | 1902K | 1907K | |
| 4-Wk Moving Avg | 1926K | 1913K | 1895K | 1887K |
