11 July 2013

• U.S. Initial Unemployment Claims Up 16k

[Jobless]

In the week ending July 6, the advance figure for seasonally adjusted initial claims was 360,000, an increase of 16,000 from the previous week's revised figure of 344,000. During the same week a year ago claims were 363,000.

The 4-week moving average was 351,750, an increase of 6,000 from the previous week's revised average of 345,750.

The advance seasonally adjusted insured unemployment rate was 2.3 percent for the week ending June 29, unchanged from the prior week's unrevised rate.

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

Source: USDOL-BLS


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