According to the US Department of Labor, in the week ending July 18, the advance figure for seasonally adjusted initial claims was 554,000, an increase of 30,000 from the previous week’s revised figure of 524,000. The 4-week moving average was 566,000, a decrease of 19,000 from the previous week’s revised average of 585,000.

The advance seasonally adjusted insured unemployment rate was 4.7% for the week ending July 11, unchanged from the prior week’s unrevised rate of 4.7%.

The advance number for seasonally adjusted insured unemployment during the week ending July 11 was 6,225,000, a decrease of 88,000 from the preceding week’s revised level of 6,313,000. The 4-week moving average was 6,541,500, a decrease of 132,500 from the preceding week’s revised average of 6,674,000.

The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.474 million.