Research >> Economics
Weekly Initial Unemployment Claims Decrease 3,000 to 218,000
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In the week ending June 16, the advance figure for seasonally adjusted initial claims was 218,000, a decrease of 3,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 218,000 to 221,000. The 4-week moving average was 221,000, a decrease of 4,000 from the previous week's revised average. The previous week's average was revised up by 750 from 224,250 to 225,000.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 9, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 9 was 1,723,000, an increase of 22,000 from the previous week's revised level. The previous week's level was revised up 4,000 from 1,697,000 to 1,701,000. The 4-week moving average was 1,722,500, a decrease of 4,750 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 1,000 from 1,726,250 to 1,727,250.
Posted: June 21, 2018 Thursday 08:30 AM