US Initial Jobless Claims Fall in Week Ended June 14
BY MT Newswires | ECONOMIC | 06/18/25 08:42 AM EDT08:42 AM EDT, 06/18/2025 (MT Newswires) -- US initial jobless claims fell to a level of 245,000 in the employment survey week ended June 14 from an upwardly revised 250,000 level in the previous week, as expected in survey of analysts compiled by Bloomberg as of 7:30 am ET.
Initial claims were at a level of 226,000 in the employment survey week ended May 17.
The four-week moving average rose by 4,750 to 245,500 after rising to a level of 240,750 in the previous week.
Insured jobless claims fell by 6,000 to 1,945,000 in the week ended June 7.
The weekly initial jobless claims data released by the US Department of Labor measures filings for unemployment insurance benefits. Initial filings are reported through the previous Saturday, while those already on benefits are measured with a one-week lag.
A decrease in claims suggests a stronger labor market, a positive for the US economy and stocks, but a negative for bonds as it suggests wage growth that could lead to inflation.
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