US Weekly Initial Jobless Claims Decline in the Week Ending June 27

On Thursday, the US Department of Labor reported that the advance figure for seasonally adjusted initial unemployment claims was 215,000 for the week ending Saturday, June 27, a decrease of 1,000 from the previous week’s revised level of 216,000 (originally 215,000). The four-week moving average was 222,000—a decrease of 2,500 from the prior week’s revised average of 224,500 (originally 224,250).

The advance number for seasonally adjusted insured unemployment during the week ending June 20 was 1,814,000, an increase of 2,000 from the previous week’s revised level of 1,812,000 (originally 1,821,000). The four-week moving average was 1,803,000—an increase of 10,750 from the prior week’s revised average of 1,792,250 (originally 1,794,500).

The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending June 20, unchanged from the previous week’s unrevised rate.


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