In the week ending June 15, 2024, initial jobless claims in the United States were reported at 238,000, slightly higher than the estimated 235,000 and a decrease from the previous week's revised count of 243,000. Continuing jobless claims for the week ending June 8 stood at 1,828,000, also higher than the estimated 1,810,000. Despite the slight increase, these numbers remain relatively low by historical standards, indicating a robust job market. Additionally, housing data showed a decline in housing starts and building permits for May, suggesting continued weakness in the housing sector.
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