What to Expect With May US Wages and Jobs


US initial jobless claims 222K vs 220K expected, prior revised to 223K vs 221K
Continuing claims 1741K vs 1738K expected, prior revised to 1720K vs 1726K.
The 4-week MA 225.5K vs 222.75K last week
The largest increases in initial claims for the week ending May 26 were in New York (+1,628), Missouri (+1,125), Michigan (+1,023), Illinois (+917), and Tennessee (+748),
The largest decreases were in California (-3,999), Kentucky (-3,755), Pennsylvania (-1,511), Texas (-1,117), and Alabama (-837)