According to the US Department of Labor, in the week ending July 25, the advance figure for seasonally adjusted initial claims was 584,000, an increase of 25,000 from the previous week’s revised figure of 559,000. The 4-week moving average was 559,000, a decrease of 8,250 from the previous week’s revised average of 567,250.
The advance seasonally adjusted insured unemployment rate was 4.7% for the week ending July 18, unchanged from the prior week’s unrevised rate of 4.7%.
The advance number for seasonally adjusted insured unemployment during the week ending July 18 was 6,197,000, a decrease of 54,000 from the preceding week’s revised level of 6,251,000. The 4-week moving average was 6,416,250, a decrease of 131,750 from the preceding week’s revised average of 6,548,000.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.497 million.