Research >> Economics
Weekly Initial Unemployment Claims Decrease 4,000 to 218,000
In the week ending June 9, the advance figure for seasonally adjusted initial claims was 218,000, a decrease of 4,000 from the previous week's unrevised level of 222,000. The 4-week moving average was 224,250, a decrease of 1,250 from the previous week's unrevised average of 225,500.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 2, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 2 was 1,697,000, a decrease of 49,000 from the previous week's revised level. This is the lowest level for insured unemployment since December 1, 1973 when it was 1,692,000. The previous week's level was revised up 5,000 from 1,741,000 to 1,746,000. The 4-week moving average was 1,726,250, a decrease of 3,750 from the previous week's revised average. This is the lowest level for this average since December 8, 1973 when it was 1,715,500. The previous week's average was revised up by 1,250 from 1,728,750 to 1,730,000.
Posted: June 14, 2018 Thursday 08:30 AM