SEASONALLY ADJUSTED DATA
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.
The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending June 23, unchanged from the prior week’s unrevised rate.
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.
via ETA Press Release: Unemployment Insurance Weekly Claims Report.
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U.S. jobless claims post biggest fall since April | Reuters
The number of Americans filing new claims for unemployment benefits last week fell by the most in two months, government data showed on Thursday, a hopeful sign for the struggling labor market.
Initial claims for state unemployment benefits dropped 14,000 to a seasonally adjusted 374,000, the Labor Department said. The prior week’s figure was revised up to 388,000 from the previously reported 386,000.
Economists polled by Reuters had forecast claims falling to 385,000 last week. The four-week moving average for new claims, a better measure of labor market trends, fell 1,500 to 385,750.
The initial claims data has no bearing on Friday’s employment report, which is expected to show employers added 90,000 to their payrolls in June, according to a Reuters survey, after increasing them by 69,000 in May.
The unemployment rate is seen steady at 8.2 percent after rising in May for the first time since August.
via U.S. jobless claims post biggest fall since April | Reuters.
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