Economy

Graphs at https://www.dol.gov/ui/data.pdf
of both initial claims and continuing claims aka insured employment.

Interesting that the initial claims is at a 20 month high while the continuing claims has tapered off a bit since April.

Initial claims: 264k, unchanged from previous week.
Previous week revised up 2k. So on net, initial claims are 2k higher than in last week's report (262k)


Continuing claims (aka insured unemployment): 1759k, down 13k from previous week
Previous week revised down 3k. So on net, continuing claims are 16k lower than in last week's report (1775k)