NEWS: US initial jobless claims 385K versus 387K estimate June 03, 2021 at 01:30PM

NEWS: US initial jobless claims 385K versus 387K estimate June 03, 2021 at 01:30PM

US initial jobless claims and continuing claims
– revised to 405K from 406K last week
– initial jobless claims 385K versus 387K estimate
– 4-week moving average of initial jobless claims 428K versus 458.5 K last week
People are going back to work as the economy continues the reopening process and wages adjust accordingly.

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