U.S. Jobless Claims Fall 12,000 to 215,000, Beating 225,000 Forecast
Updated
Updated · Seeking Alpha · Jun 25
U.S. Jobless Claims Fall 12,000 to 215,000, Beating 225,000 Forecast
3 articles · Updated · Seeking Alpha · Jun 25
Summary
215,000 Americans filed initial jobless claims in the week ended June 20, down 12,000 from the prior week's revised 227,000 and below the 225,000 consensus.
The Labor Department data point to still-low layoffs, reinforcing signs that the U.S. labor market remains resilient despite broader economic uncertainty.
224,250 was the four-week moving average, offering a smoother read on claims trends beyond the latest weekly drop.
The claims data add to evidence of a healthy jobs backdrop, with the unemployment rate previously running at a historically low 4.3%.