The Labor Department announced the most recent statistics on jobless claims. The figures confirm information from ADP and Challenger Gray. They also foreshadow weak unemployment data for June
“In the week ending June 26, the advance figure for seasonally adjusted initial claims was 472,000, an increase of 13,000 from the previous week’s revised figure of 459,000. The 4-week moving average was 466,500, an increase of 3,250 from the previous week’s revised average of 463,250.”
Douglas A. McIntyre
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