Initial Claims for the Week Ended Jun 06

Updated: 11-Jun-26 09:24 ET

Highlights

• Initial jobless claims for the week ending June 6 increased by 4,000 to 229,000 ( consensus: 222,000).
• Continuing claims for the week ending May 30 increased by 24,000 to 1.795 million.

Key Factors

• The four-week moving average for initial claims increased by 4,250 to 219,000.
• The four-week moving average for continuing claims increased by 4,750 to 1,780,500.
• The total number of continued weeks claimed for benefits in all programs for the week ending May 23 was 1,665,617, a decrease of 20,205 from the previous week. Claims filed in the comparable week a year ago totaled 1,783,766.

Big Picture

• Jobless claims were higher in the latest week, but the key takeaway remains that they are not at levels that would connote a material degradation of the labor market.