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Initial jobless claims exceed 230,000 by June 8, 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
U.S. Department of Labor report
Story
U.S. Initial Jobless Claims Rise to 229,000, Exceeding Forecast of 220,000 and Previous 219,000
Jun 6, 2024, 12:30 PM
The U.S. Department of Labor reported that initial jobless claims for the week ending June 1, 2024, rose to 229,000, surpassing the expected 220,000 and the previous week's revised figure of 221,000. The previous figure was 219,000. Continuing jobless claims for the week ending May 25, 2024, remained steady at 1.792 million, slightly above the estimated 1.790 million. These figures indicate a slight increase in unemployment claims, reflecting ongoing challenges in the labor market.
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