Research >> Economics
Weekly Initial Unemployment Claims Decrease 18,000 to 214,000
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In the week ending July 7, the advance figure for seasonally adjusted initial claims was 214,000, a decrease of 18,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 231,000 to 232,000. The 4-week moving average was 223,000, a decrease of 1,750 from the previous week's revised average. The previous week's average was revised up by 250 from 224,500 to 224,750.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 30, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 30 was 1,739,000, a decrease of 3,000 from the previous week's revised level. The previous week's level was revised up 3,000 from 1,739,000 to 1,742,000. The 4-week moving average was 1,728,500, an increase of 9,500 from the previous week's revised average. The previous week's average was revised up by 750 from 1,718,250 to 1,719,000.
Posted: July 12, 2018 Thursday 08:30 AM