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UI Claims in US (week ending June 27) – 1,427,000, a decrease of 55,000 from the previous week’s revised level

In the week ending June 27, the advance figure for seasonally adjusted initial claims was 1,427,000, a decrease of 55,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 1,480,000 to 1,482,000. The 4-week moving average was 1,503,750, a decrease of 117,500 from the previous week’s revised average. The previous week’s average was revised up by 500 from 1,620,750 to 1,621,250.

The advance seasonally adjusted insured unemployment rate was 13.2 percent for the week ending June 20, unchanged from the previous week’s revised rate. The previous week’s rate was revised down by 0.2 from 13.4 to 13.2 percent. The advance number for seasonally adjusted insured unemployment during the week ending June 20 was 19,290,000, an increase of 59,000 from the previous week’s revised level. The previous week’s level was revised down by 291,000 from 19,522,000 to 19,231,000. The 4-week moving average was 19,854,000, a decrease of 494,500 from the previous week’s revised average. The previous week’s average was revised down by 72,750 from 20,421,250 to 20,348,500.

 

Chosen excerpts by Job Market Monitor. Read the whole story @ News Releases | U.S. Department of Labor

[Editor note : It is the 15th consecutive week that new claims total  is over 1 million.]

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