UI Weekly Claims in US (JULY 30, 2020) – 1,434,000, an increase of 12,000 from the previous week’s revised level

SEASONALLY ADJUSTED DATA

In the week ending July 25, the advance figure for seasonally adjusted initial claims was 1,434,000, an increase of 12,000 from the previous week’s revised level. The previous week’s level was revised up by 6,000 from 1,416,000 to 1,422,000. The 4-week moving average was 1,368,500, an increase of 6,500 from the previous week’s revised average. The previous week’s average was revised up by 1,750 from 1,360,250 to 1,362,000.

The advance seasonally adjusted insured unemployment rate was 11.6 percent for the week ending July 18, an increase of 0.5 percentage point from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending July 18 was 17,018,000, an increase of 867,000 from the previous week’s revised level. The previous week’s level was revised down by 46,000 from 16,197,000 to 16,151,000. The 4-week moving average was 17,058,250, a decrease of 435,500 from the previous week’s revised average. The previous week’s average was revised down by 11,500 from 17,505,250 to 17,493,750.

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

Editor’s note : This does not include the 829,697 initial claims for Pandemic Unemployment Assistance (PUA), a special program for business owners, self-employed, independent contractors or gig workers not receiving other unemployment insurance. 12,413,322 persons are it.