US Weekly Initial Jobless Claims Decline in the Week Ending June 28
Unemployment Insurance Weekly Claims
On Thursday, the US Department of Labor reported that the advance figure for seasonally adjusted initial unemployment claims was 233,000 during the week ending Saturday, June 28. This is a decrease of 4,000 from the previous week’s revised total of 237,000 (originally 236,000). The four-week moving average was 241,500—a decrease of 3,750 from the previous week’s revised average of 245,250 (originally 245,000).
The advance number for seasonally adjusted insured unemployment during the week ending June 21 was 1,964,000, unchanged from the previous week’s revised total of 1,964,000 (originally 1,974,000). The four-week moving average was 1,954,000—an increase of 15,500 from the previous week’s revised average of 1,938,500 (originally 1,941,000). This is the highest level for the average since November 20, 2021, when it was 2,004,250.
The advance seasonally adjusted insured unemployment rate was 1.3% for the week ending June 21, unchanged from the previous week’s unrevised rate.
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