Reply To: US Shows Solid Job Gains in May but at Slowest Pace of Growth in a Year

#36675
TradersCom
Keymaster

US Initial #Jobless Claims May 7:

203K (est 193K; prev 200K; prevR 202K)
US Continuing Claims Apr 30:
1343K (est 1372K; prev 1384K; prevR 1387K)

4 week moving average of initial jobless claims 192.7 5K vs. 188.5 K last week (revised from 188.0 K)
continuing claims 1.343 million vs. 1.380 million estimate. Prior week 1.387 million revised up from 1.384 million previously reported. The continuing claims is the lowest since January 3, 1970
4 week moving average of continuing claims 1.385M vs. 1.418M. The 4 week moving average is the lowest since January 31 at 1970

The largest increases in initial claims for the week ending April 30 were in New York (+7,329), Illinois (+3,140), Kentucky (+1,152), Michigan (+1,092), and New Hampshire (+469),
The largest decreases were in Massachusetts (- 3,029), California (-2,816), New Jersey (-2,466), Connecticut (-2,319), and Ohio (-2,018).