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US Unemployment Insurance Weekly Claims
In the week ending June 28, the advance figure for seasonally adjusted initial claims was 233,000, a decrease of 4,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 236,000 to 237,000. The 4-week moving average was 241,500, a decrease of 3,750 from the previous week's revised average. The previous week's average was revised up by 250 from 245,000 to 245,250. The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending June 21, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured ... (full story)
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US: Initial Jobless Claims dropped to 233K last week
US citizens filing new applications for unemployment insurance fell to 233K for the week ending June 28, as reported by the US Department of Labor (DOL) on Thursday. This print came in below initial estimates and the previous week's revised tally of 237K (revised from 236K). The report also highlighted a seasonally adjusted insured unemployment rate of 1.3%, while the four-week moving average dropped by 3.750K to 241.5K from the prior week’s revised average. Moreover, Continuing Jobless Claims shrank by 10K to reach 1.964M for the week ending June 21. The Greenback jumped to fresh highs in the wake of the release ... (full story)