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

Helmholtz Watson

US initial jobless claims 215K vs. 215K estimate
Prior report 218K
4-week initial claims moving average 206.75K vs 199.5K last week

Continuing claims 1.346M vs. 1.310M estimate
4-week continuing claims moving average 1.347M vs 1.362M last week
The 4 week moving average of continuing claims is at the lowest level since January 17, 1970.

The largest increases in initial claims for the week ending May 14 were in Kentucky (+6,712), California (+1,968), Illinois (+1,742), Ohio (+1,189), and Florida (+629),

The largest decreases were in Michigan (-384), Georgia (-325), Colorado (-301), Arizona (-278), and District of Columbia (-251).

Continuing claims data is for the survey week for the next month BLS jobs report.