Research >> Economics
Weekly Initial Unemployment Claims increase 2,000 to 373,000
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In the week ending July 3, the advance figure for seasonally adjusted initial claims was 373,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 7,000 from 364,000 to 371,000. The 4-week moving average was 394,500, a decrease of 250 from the previous week's revised average. This is the lowest level for this average since March 14, 2020 when it was 225,500. The previous week's average was revised up by 2,000 from 392,750 to 394,750.
The advance seasonally adjusted insured unemployment rate was 2.4 percent for the week ending June 26, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 26 was 3,339,000, a decrease of 145,000 from the previous week's revised level. This is the lowest level for insured unemployment since March 21, 2020 when it was 3,094,000. The previous week's level was revised up 15,000 from 3,469,000 to 3,484,000. The 4-week moving average was 3,440,750, a decrease of 44,500 from the previous week's revised average. This is the lowest level for this average since March 21, 2020 when it was 2,071,750. The previous week's average was revised up by 3,500 from 3,481,750 to 3,485,250.
Posted: July 8, 2021 Thursday 08:30 AM