US Weekly Initial Jobless Claims Rise in the Week Ending May 30
Unemployment Insurance Weekly Claims
On Thursday, the US Department of Labor reported that the advance figure for seasonally adjusted initial unemployment claims was 225,000 for the week ending Saturday, May 30, an increase of 13,000 from the previous week’s revised level of 212,000 (originally 215,000). The four-week moving average was 214,750—an increase of 6,500 from the prior week’s revised average of 208,250 (originally 209,000).
The advance number for seasonally adjusted insured unemployment during the week ending May 23 was 1,777,000, a decrease of 8,000 from the previous week’s revised level of 1,785,000 (originally 1,786,000). The four-week moving average was 1,777,750—an increase of 5,250 from the prior week’s revised average of 1,772,500 (originally 1,772,750).
The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending May 23, unchanged from the previous week’s unrevised rate.
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