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FTDS - Weekly Initial Claims Rise To The Highest Level Since January
FIRST TRUST EXCH
Initial claims for regular state unemployment insurance rose 27,000 for the week ending June 4, coming in at 229,000, the highest level since January 15th.
The four-week average rose for the eighth time in the last nine weeks, coming in at 215,000, up 8,000 from the prior week and at the highest level since March 12th.
Initial claims remain at an extremely low level by historical comparison, but recent weeks have seen an upward trend become more apparent.