In the week ending June 8, the advance figure for seasonally adjusted initial claims was 242,000, an increase of 13,000 from the previous week's unrevised level of 229,000. The 4-week moving average was 227,000, an increase of 4,750 from the previous week's unrevised average of 222,250. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 1, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 1 was 1,820,000, an increase of 30,000 from the previous week's revised level. The previous ... (full story)

The number of seasonally adjusted initial jobless claims in the United States increased by 13,000 to 242,000 in the week ending June 8, the Department of Labor revealed in its report published on Thursday. The figure came in higher than analysts predicted. The four-week moving average climbed by 4,750 in comparison to the week before, coming in at 227,000. The advance seasonally adjusted insured unemployment rate for the week ending June 1, stood at 1.2%, unchanged compared to the week before, with the number for insured unemployment at 1,820,000, up by 30,000 from the previous week. The 4-week moving average was ... (full story)