Reply To: U.S. Adds Less Jobs Than Expected in June While Wages Grew

#59965
Truman
Participant

Initial claims hit their highest level since November 2021 for w/e June 3 up 28k to 261k (consensus 237k) Continuing #jobless claims w/e May 27 fell 37k to 1.757 million.
– Suggests softening in labor market that Fed wants to see