US initial jobless claims dropped -58k to 1.5m

<p>US initial jobless claims dropped -58k to 1508k in the week ending June 13. Four-week moving average of initial claims dropped -235.5k to 1773.5k. Continuing claims dropped -62k to 20544k in the week ending June 6. Four-week moving average of continuing claims dropped -1092k to 20815k. Full release here.</p>
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