• U.S. Initial Unemployment Claims Up 6K

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In the week ending June 9, the advance figure for seasonally adjusted initial claims was 386,000, an increase of 6,000 from the previous week's revised figure of 380,000. The 4-week moving average was 382,000, an increase of 3,500 from the previous week's revised average of 378,500. The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending June 2, unchanged from the prior week's unrevised rate. The highest insured unemployment rates in the week ending May 26 were in Alaska (4.6), Puerto Rico (3.7), Pennsylvania (3.5), Illinois (3.4), California (3.3), New Jersey (3.3), Oregon (3.2), Nevada (2.9), Rhode Island (2.9), Massachusetts (2.8), and New York (2.8). The largest increases in initial claims for the week ending June 2 were in Oregon (+975), Virginia (+838), New Mexico (+531), Wisconsin (+213), and Nevada (+189), while the largest decreases were in California (-4,168), North Carolina (-2,683), Texas (-1,854), Massachusetts (-1,373), and Georgia (-1,367). Click on chart to enlarge: Note: “Insured rate” refers to individuals who are unemployed and receiving UC benefits. Source: USDOL-BLS

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