US Initial Jobless Claims Fall in Week Ended June 21

08:53 AM EDT, 06/26/2025 (MT Newswires) -- US initial jobless claims fell to a level of 236,000 in the week ended June 21 from an upwardly revised 246,000 level in the previous week, compared with expectations for a small decrease to 243,000 in survey of analysts compiled by Bloomberg as of 7:45 am ET.

The four-week moving average fell by 750 to 245,000 after rising by 5,000 to a level of 245,750 in the previous week.

Insured jobless claims rose by 37,000 to 1,974,000 in the employment survey week ended June 14, the highest since the week ended Nov. 6, 2021. Insured claims were at a level of 1,907,000 in the survey week ended May 10.

The weekly initial jobless claims data released by the US Labor Department 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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