US initial jobless claims rose 4k to 238k in the week ending June 29, slightly above expectation of 235k. Four-week moving average of initial claims rose 2k to 239k.
Continuing claims rose 26k to 1858k in the week ending June 22, highest since November 27, 2021. Four-week moving average of continuing claims rose 17k to 1831k, highest since December 4, 2021.
