Initial Jobless Claims At 5-Month Highs As Layoffs Accelerate
BY Zero Hedge
THURSDAY, JUN 30, 2022 - 12:34 PM
The number of Americans filing for jobless benefits for the first time was 231k last week (down very modestly from an upwardly revised 233k) leaving the 4-week average at the highest since January 2022.
There were 1.328 million continuing claims, very modestly below an upwardly revised 1.331 million last week, but an upward trend remains...
