2024-06-13 19:15:00 ET
Summary
- Economic data, including jobless claims, came in weaker than expected this morning.
- For seasonally adjusted initial claims, there was a jump to 242K in the first week of June, the highest reading since last August.
- We would note that continuing claims have also pressed higher, reaching 1.82 million.
Economic data, including jobless claims, came in weaker than expected this morning. For seasonally adjusted initial claims, there was a jump to 242K in the first week of June, the highest reading since last August....
Read the full article on Seeking Alpha
For further details see:
Jobless Claims Swing Higher