U.S. initial jobless claims increased to 225,000 for the week ending May 30, marking the highest level since early February. This figure surpassed the forecast of 213,000 and the revised prior week's total of 212,000. The four-week moving average also rose to 214,750 from 208,250, indicating a potential shift in the labor market.
U.S. Initial Jobless Claims Hit Highest Level Since February
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