According to the US Department of Labor, in the week ending June 30, the advance figure for seasonally adjusted initial claims was 374,000, a decrease of 14,000 from the previous week’s revised figure of 388,000. The 4-week moving average was 385,750, a decrease of 1,500 from the previous week’s revised average of 387,250.
Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged
The advance seasonally adjusted insured unemployment rate was 2.6% for the week ending June 23, unchanged from the prior week’s unrevised rate.
Advance Seasonally Adjusted Insured Unemployment Increases
The advance number for seasonally adjusted insured unemployment during the week ending June 23 was 3,306,000, an increase of 4,000 from the preceding week’s revised level of 3,302,000. The 4-week moving average was 3,304,250, a decrease of 3,000 from the preceding week’s revised average of 3,307,250.