According to the US Department of Labor, in the week ending June 12, the advance figure for seasonally adjusted initial claims was 472,000, an increase of 12,000 from the previous week’s revised figure of 460,000. The 4-week moving average was 463,500, a decrease of 500 from the previous week’s revised average of 464,000.
The advance seasonally adjusted insured unemployment rate was 3.6% for the week ending June 5, an increase of 0.1 percentage points from the prior week’s unrevised rate of 3.5 percent.
The advance number for seasonally adjusted insured unemployment during the week ending June 5 was 4,571,000, an increase of 88,000 from the preceding week’s revised level of 4,483,000. The 4-week moving average was 4,601,500, a decrease of 21,250 from the preceding week’s revised average of 4,622,750.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.097 million.
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