In the week ending June 20, the advance figure for seasonally adjusted initial claims was 215,000, a decrease of 12,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 226,000 to 227,000. The 4-week moving average was 224,250, an increase of 750 from the previous week's revised average. The previous week's average was revised up by 250 from 223,250 to 223,500. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 13, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured ... (full story)

According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance shrank to 215K for the week ending June 20. The latest print came in below initial estimates (225K) and was lower than the previous week’s 227K (revised from 226K). Additionally, the 4-week moving average went up by 0.750K, bringing it to 224.25K from the revised average of the previous week (223.5K). The report also indicated that Continuing Jobless Claims increased by 21K to 1.821M for the week ending June 13. What do US Initial Jobless Claims figures ... (full story)