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Unemployment insurance weekly claims
In the week ending July 3, the advance figure for seasonally adjusted initial claims was 373,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 7,000 from 364,000 to 371,000. The 4-week moving average was 394,500, a decrease of 250 from the previous week's revised average. This is the lowest level for this average since March 14, 2020 when it was 225,500. The previous week's average was revised up by 2,000 from 392,750 to 394,750. The advance seasonally adjusted insured unemployment rate was 2.4 percent for the week ending June 26, a decrease of 0.1 ... (full story)
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U.S weekly jobless claims unexpectedly rise to 373,000, as job growth slows
Initial filings for unemployment insurance unexpectedly rose last week, a possible hint that the rapid job growth seen the first half of 2021 could face hurdles in the months ahead, the Labor Department reported Thursday. First-time jobless claims totaled 373,000 for the week ended July 3, compared with the 350,000 Dow Jones estimate. The previous week’s level was revised up by 7,000 from 364,000 to 371,000. The level of continuing claims decreased to 3.34 million, down 145,000 from the previous week’s revised level. Despite the uptick in first-time applicants, the decreased number of continuing claims ... (full story)
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