US initial jobless claims fell 12,000 to 215,000 in the week ended June 20, the
Department of Labor said Thursday, below FactSet consensus of 225,000. The
four-week moving average rose 750 to 224,250. Continuing claims for the week
ended June 13 rose 21,000 to 1.82 million. Despite economic headwinds, layoffs
remain at low levels.