Weekly US initial jobless claims

- initial jobless claims common little stronger than expectations of 211K versus 215K
- The prior week remains unchanged at 212K
- continuing claims 1676K versus 166K estimate
- prior week revised to 1664K versus 1660K
- The four-week average for claims false to 220.25K versus 225.0K
- The largest increases in initial claims for the week ending May 4 were in New York (+9,365), Illinois (+2,010), Missouri (+791), Kansas (+754), and Iowa (+676),
- The largest decreases were in New Jersey (-6,239), Connecticut (-3,208), California (-1,920), Arizona (-668), and Wisconsin (-661).